Capital Analysts LLC Has $60.17 Million Position in SPDR Portfolio High Yield Bond ETF $SPHY

Capital Analysts LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 7.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,566,978 shares of the company’s stock after acquiring an additional 183,732 shares during the quarter. SPDR Portfolio High Yield Bond ETF makes up approximately 1.4% of Capital Analysts LLC’s holdings, making the stock its 14th biggest position. Capital Analysts LLC owned approximately 0.51% of SPDR Portfolio High Yield Bond ETF worth $60,170,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 171.4% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after buying an additional 778 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new position in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at $38,000. Smartleaf Asset Management LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 301.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock worth $40,000 after buying an additional 1,262 shares during the last quarter. Physician Wealth Advisors Inc. increased its holdings in SPDR Portfolio High Yield Bond ETF by 54.7% during the first quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock worth $41,000 after buying an additional 623 shares during the last quarter. Finally, Brown Lisle Cummings Inc. raised its position in SPDR Portfolio High Yield Bond ETF by 1,232.3% during the second quarter. Brown Lisle Cummings Inc. now owns 2,065 shares of the company’s stock worth $48,000 after acquiring an additional 1,910 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY opened at $23.14 on Wednesday. The firm has a 50-day moving average of $23.28 and a 200-day moving average of $23.37. SPDR Portfolio High Yield Bond ETF has a one year low of $23.02 and a one year high of $23.99. The company has a market cap of $11.57 billion, a PE ratio of 7.31 and a beta of 0.38.

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.