HighTower Advisors LLC Has $6.49 Million Stake in SPDR Portfolio High Yield Bond ETF $SPHY

HighTower Advisors LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 212.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 274,198 shares of the company’s stock after purchasing an additional 186,563 shares during the period. HighTower Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $6,490,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. lifted its holdings in SPDR Portfolio High Yield Bond ETF by 171.4% during the 2nd 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 last quarter. Fourth Dimension Wealth LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 89.2% during the 3rd 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 last quarter. Allworth Financial LP lifted its holdings in SPDR Portfolio High Yield Bond ETF by 1,098.9% during the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock worth $52,000 after purchasing an additional 2,000 shares during the last quarter. Golden State Wealth Management LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 100.5% during the 3rd quarter. Golden State Wealth Management LLC now owns 2,222 shares of the company’s stock worth $53,000 after purchasing an additional 1,114 shares during the last quarter. Finally, Elevated Capital Advisors LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF during the 4th quarter worth approximately $67,000.

SPDR Portfolio High Yield Bond ETF Trading Down 0.0%

NYSEARCA:SPHY opened at $23.47 on Thursday. The stock has a 50 day simple moving average of $23.40 and a 200 day simple moving average of $23.58. SPDR Portfolio High Yield Bond ETF has a 1-year low of $23.02 and a 1-year high of $23.99. The stock has a market cap of $10.51 billion, a P/E ratio of 7.31 and a beta of 0.38.

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.