11,053 Shares in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) Acquired by Runnymede Capital Advisors Inc.

Runnymede Capital Advisors Inc. acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 11,053 shares of the company’s stock, valued at approximately $259,000.

Several other hedge funds have also bought and sold shares of SPHY. OLD Point Trust & Financial Services N A acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter worth about $57,000. iA Global Asset Management Inc. purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter worth approximately $12,909,000. Horizon Investments LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 49.4% in the fourth quarter. Horizon Investments LLC now owns 292,992 shares of the company’s stock worth $6,877,000 after purchasing an additional 96,931 shares during the last quarter. Creative Financial Designs Inc. ADV raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 1.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 47,435 shares of the company’s stock worth $1,113,000 after purchasing an additional 634 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 4.0% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 1,287,376 shares of the company’s stock worth $30,215,000 after purchasing an additional 49,100 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Trading Down 0.1 %

Shares of SPHY opened at $23.51 on Friday. The stock has a 50 day moving average of $23.66 and a 200 day moving average of $23.71. SPDR Portfolio High Yield Bond ETF has a 12 month low of $22.82 and a 12 month high of $24.07. The company has a market capitalization of $7.73 billion, a price-to-earnings ratio of 59.88 and a beta of 0.47.

About SPDR Portfolio High Yield Bond ETF

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.