Fifth Third Bancorp Raises Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Fifth Third Bancorp lifted its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 1,238.4% in the 1st quarter, Holdings Channel reports. The fund owned 118,304 shares of the company’s stock after buying an additional 109,465 shares during the quarter. Fifth Third Bancorp’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,759,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in SPHY. Asset Management One Co. Ltd. purchased a new stake in SPDR Portfolio High Yield Bond ETF during the fourth quarter valued at about $85,587,000. Ameriprise Financial Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 34.6% in the third quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock valued at $207,971,000 after purchasing an additional 2,232,954 shares during the period. Franklin Resources Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 148,527.0% in the third quarter. Franklin Resources Inc. now owns 1,093,895 shares of the company’s stock valued at $26,188,000 after purchasing an additional 1,093,159 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 8,673.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,070,300 shares of the company’s stock valued at $25,334,000 after buying an additional 1,058,100 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co bought a new position in SPDR Portfolio High Yield Bond ETF in the 4th quarter worth approximately $24,854,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

SPHY opened at $23.33 on Tuesday. SPDR Portfolio High Yield Bond ETF has a 12 month low of $23.02 and a 12 month high of $23.99. The company has a market cap of $11.46 billion, a PE ratio of 7.31 and a beta of 0.38. The company has a 50 day moving average of $23.38 and a 200 day moving average of $23.50.

SPDR Portfolio High Yield Bond ETF Company Profile

The SPDR Portfolio High Yield Bond ETF (SPHY) is an exchange-traded fund that is based on the ICE BofA US High Yield index. The fund tracks an index that measures the performance of USD-denominated junk bonds. SPHY was launched on Jun 18, 2012 and is managed by State Street.