F m Investments LLC Sells 30,947 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

F m Investments LLC reduced its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 41.7% in the 4th quarter, Holdings Channel reports. The firm owned 43,302 shares of the company’s stock after selling 30,947 shares during the quarter. F m Investments LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,025,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPHY. Newbridge Financial Services Group Inc. lifted its position in SPDR Portfolio High Yield Bond ETF by 171.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after purchasing an additional 778 shares during the period. Fourth Dimension Wealth LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 89.2% in the third quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock worth $32,000 after purchasing an additional 633 shares during the period. Allworth Financial LP lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1,098.9% during the third quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock valued at $52,000 after acquiring an additional 2,000 shares during the period. Golden State Wealth Management LLC lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 100.5% during the third quarter. Golden State Wealth Management LLC now owns 2,222 shares of the company’s stock valued at $53,000 after acquiring an additional 1,114 shares during the period. Finally, Elevated Capital Advisors LLC bought a new position in shares of SPDR Portfolio High Yield Bond ETF during the fourth quarter valued at $67,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of NYSEARCA SPHY opened at $23.47 on Monday. The stock has a market cap of $10.51 billion, a PE ratio of 7.31 and a beta of 0.38. The business has a fifty day moving average of $23.42 and a two-hundred day moving average of $23.62. SPDR Portfolio High Yield Bond ETF has a 52-week low of $23.02 and a 52-week high of $23.99.

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.