Cetera Investment Advisers Increases Stake in SPDR Portfolio High Yield Bond ETF $SPHY

Cetera Investment Advisers raised its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 68.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,556,254 shares of the company’s stock after purchasing an additional 1,441,014 shares during the period. Cetera Investment Advisers owned about 0.79% of SPDR Portfolio High Yield Bond ETF worth $82,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Asset Management One Co. Ltd. purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the fourth quarter worth approximately $85,587,000. Ameriprise Financial Inc. raised its position in SPDR Portfolio High Yield Bond ETF by 34.6% in the 3rd 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 last quarter. Franklin Resources Inc. boosted its stake in SPDR Portfolio High Yield Bond ETF by 148,527.0% during the 3rd quarter. Franklin Resources Inc. now owns 1,093,895 shares of the company’s stock worth $26,188,000 after purchasing an additional 1,093,159 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in 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 worth $25,334,000 after purchasing an additional 1,058,100 shares during the period. Finally, Elo Mutual Pension Insurance Co acquired a new position in SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at $24,854,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of NYSEARCA:SPHY opened at $23.20 on Friday. SPDR Portfolio High Yield Bond ETF has a one year low of $23.02 and a one year high of $23.99. The stock has a market capitalization of $11.43 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. The company has a 50-day simple moving average of $23.37 and a 200-day simple moving average of $23.49.

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.