RFG Holdings Inc. Sells 73,776 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

RFG Holdings Inc. decreased its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 7.0% during the 1st quarter, Holdings Channel reports. The firm owned 977,503 shares of the company’s stock after selling 73,776 shares during the period. SPDR Portfolio High Yield Bond ETF comprises about 5.7% of RFG Holdings Inc.’s investment portfolio, making the stock its 4th biggest position. RFG Holdings Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $22,795,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Integrated Wealth Concepts LLC grew 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 valued at $260,000 after buying an additional 745 shares in the last quarter. NewEdge Advisors LLC raised its position in 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 worth $8,098,000 after acquiring an additional 17,658 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in SPDR Portfolio High Yield Bond ETF by 0.6% in the second quarter. The Manufacturers Life Insurance Company now owns 903,301 shares of the company’s stock valued at $21,498,000 after acquiring an additional 5,169 shares during the last quarter. EP Wealth Advisors LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 71.2% in the second quarter. EP Wealth Advisors LLC now owns 10,094 shares of the company’s stock valued at $240,000 after acquiring an additional 4,198 shares during the last quarter. Finally, IHT Wealth Management LLC grew its position in shares of SPDR Portfolio High Yield Bond ETF by 5.3% in the 2nd quarter. IHT Wealth Management LLC now owns 68,781 shares of the company’s stock valued at $1,637,000 after acquiring an additional 3,481 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY opened at $23.44 on Friday. The company has a market cap of $10.50 billion, a PE ratio of 7.31 and a beta of 0.38. The firm has a 50-day moving average of $23.44 and a 200-day moving average of $23.55. SPDR Portfolio High Yield Bond ETF has a one year low of $23.02 and a one year high of $23.99.

SPDR Portfolio High Yield Bond ETF 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.