SigFig Wealth Management LLC Buys 39,963 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

SigFig Wealth Management LLC grew its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 15.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 303,575 shares of the company’s stock after acquiring an additional 39,963 shares during the period. SigFig Wealth Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $6,858,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. NEOS Investment Management LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the second quarter valued at approximately $69,777,000. Ocean Park Asset Management LLC boosted its stake in SPDR Portfolio High Yield Bond ETF by 53.4% in the 2nd quarter. Ocean Park Asset Management LLC now owns 6,080,823 shares of the company’s stock valued at $142,534,000 after purchasing an additional 2,116,024 shares during the period. Envestnet Asset Management Inc. grew its holdings in SPDR Portfolio High Yield Bond ETF by 37.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,981,977 shares of the company’s stock valued at $163,658,000 after buying an additional 1,903,466 shares in the last quarter. Cetera Investment Advisers grew its holdings in SPDR Portfolio High Yield Bond ETF by 68.1% in the 1st quarter. Cetera Investment Advisers now owns 3,556,254 shares of the company’s stock valued at $82,932,000 after buying an additional 1,441,014 shares in the last quarter. Finally, Sei Investments Co. increased its position in SPDR Portfolio High Yield Bond ETF by 5.7% during the 1st quarter. Sei Investments Co. now owns 19,832,325 shares of the company’s stock worth $462,499,000 after buying an additional 1,061,796 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Down 0.1%

Shares of SPHY traded down $0.03 during midday trading on Wednesday, reaching $22.55. 4,121,236 shares of the stock were exchanged, compared to its average volume of 5,906,276. The stock’s 50 day simple moving average is $23.08 and its 200 day simple moving average is $23.28. The company has a market cap of $11.83 billion, a P/E ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.32 and a twelve month high of $23.95.

SPDR Portfolio High Yield Bond ETF Profile

(Free Report)

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.

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