SPDR Portfolio High Yield Bond ETF $SPHY is SMH Capital Advisors Inc.’s 4th Largest Position

SMH Capital Advisors Inc. lessened its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 49.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,675 shares of the company’s stock after selling 99,325 shares during the quarter. SPDR Portfolio High Yield Bond ETF accounts for approximately 4.9% of SMH Capital Advisors Inc.’s holdings, making the stock its 4th biggest position. SMH Capital Advisors Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,383,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Integrated Wealth Concepts LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 7.2% in the first quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock worth $260,000 after purchasing an additional 745 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 5.5% during the second quarter. NewEdge Advisors LLC now owns 340,238 shares of the company’s stock valued at $8,098,000 after buying an additional 17,658 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 0.6% during the second quarter. The Manufacturers Life Insurance Company now owns 903,301 shares of the company’s stock valued at $21,498,000 after buying an additional 5,169 shares during the last quarter. EP Wealth Advisors LLC boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 71.2% during the second quarter. EP Wealth Advisors LLC now owns 10,094 shares of the company’s stock valued at $240,000 after buying an additional 4,198 shares during the last quarter. Finally, IHT Wealth Management LLC boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 5.3% during the second quarter. IHT Wealth Management LLC now owns 68,781 shares of the company’s stock valued at $1,637,000 after buying an additional 3,481 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

SPHY opened at $23.40 on Friday. The stock has a market capitalization of $10.48 billion, a P/E ratio of 7.31 and a beta of 0.38. The company’s 50-day simple moving average is $23.43 and its two-hundred day simple moving average is $23.56. 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.