Simplicity Wealth LLC Sells 24,958 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Simplicity Wealth LLC reduced its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 29.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 59,562 shares of the company’s stock after selling 24,958 shares during the quarter. Simplicity Wealth LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,426,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of SPHY. Auour Investments LLC grew its stake in shares of SPDR Portfolio High Yield Bond ETF by 207.7% in the third quarter. Auour Investments LLC now owns 70,906 shares of the company’s stock valued at $1,697,000 after acquiring an additional 47,862 shares in the last quarter. GatePass Capital LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 189.9% in the 3rd quarter. GatePass Capital LLC now owns 58,550 shares of the company’s stock valued at $1,402,000 after purchasing an additional 38,350 shares during the period. Commonwealth Equity Services LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 116.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 284,302 shares of the company’s stock valued at $6,806,000 after purchasing an additional 153,035 shares during the period. Concurrent Investment Advisors LLC grew its position in shares of SPDR Portfolio High Yield Bond ETF by 378.6% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 125,699 shares of the company’s stock worth $3,009,000 after purchasing an additional 99,433 shares in the last quarter. Finally, DT Investment Partners LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 5.4% during the third quarter. DT Investment Partners LLC now owns 462,620 shares of the company’s stock worth $11,075,000 after purchasing an additional 23,589 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Up 0.0%

NYSEARCA SPHY opened at $23.84 on Friday. The company has a market cap of $10.69 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39. The company has a 50 day moving average of $23.71 and a 200-day moving average of $23.73. SPDR Portfolio High Yield Bond ETF has a 1-year low of $22.21 and a 1-year high of $23.99.

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.