SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) Shares Purchased by Iowa State Bank

Iowa State Bank raised its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 17.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 432,819 shares of the company’s stock after acquiring an additional 63,296 shares during the quarter. SPDR Portfolio High Yield Bond ETF makes up 2.1% of Iowa State Bank’s portfolio, making the stock its 12th biggest position. Iowa State Bank owned 0.21% of SPDR Portfolio High Yield Bond ETF worth $10,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Confluence Investment Management LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 3rd quarter valued at approximately $11,518,000. JPMorgan Chase & Co. raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 767.6% during the third quarter. JPMorgan Chase & Co. now owns 224,311 shares of the company’s stock worth $5,395,000 after purchasing an additional 198,457 shares during the period. Farther Finance Advisors LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 58.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 431,178 shares of the company’s stock worth $10,370,000 after buying an additional 158,959 shares during the last quarter. IHT Wealth Management LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the 3rd quarter valued at about $655,000. Finally, BTS Asset Management Inc. bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 3rd quarter valued at about $510,000.

SPDR Portfolio High Yield Bond ETF Trading Up 0.2 %

SPHY traded up $0.04 on Monday, hitting $23.61. 1,424,414 shares of the company’s stock were exchanged, compared to its average volume of 2,351,922. The stock has a fifty day moving average of $23.69 and a two-hundred day moving average of $23.64. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.82 and a twelve month high of $24.07. The firm has a market cap of $4.79 billion, a PE ratio of 3.97 and a beta of 0.34.

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.