Kingsview Wealth Management LLC Purchases 46,043 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Kingsview Wealth Management LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 180.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,489 shares of the company’s stock after acquiring an additional 46,043 shares during the quarter. Kingsview Wealth Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,692,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HF Advisory Group LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 11.5% during the fourth quarter. HF Advisory Group LLC now owns 209,470 shares of the company’s stock worth $4,958,000 after acquiring an additional 21,552 shares during the last quarter. 49 Wealth Management LLC bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the third quarter worth $5,749,000. Financial Advisory Partners LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 8.1% during the fourth quarter. Financial Advisory Partners LLC now owns 449,158 shares of the company’s stock worth $10,632,000 after acquiring an additional 33,785 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 19.6% during the third quarter. Envestnet Asset Management Inc. now owns 3,675,220 shares of the company’s stock worth $87,985,000 after acquiring an additional 602,997 shares during the last quarter. Finally, Diversified Enterprises LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 17.5% during the fourth quarter. Diversified Enterprises LLC now owns 148,109 shares of the company’s stock worth $3,506,000 after acquiring an additional 22,053 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

SPHY stock opened at $23.53 on Monday. The company has a market cap of $10.54 billion, a P/E ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a twelve month low of $23.02 and a twelve month high of $23.99. The business has a fifty day moving average of $23.41 and a 200-day moving average of $23.58.

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.