SPDR Portfolio High Yield Bond ETF $SPHY Stock Position Lessened by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC reduced its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 66.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 168,551 shares of the company’s stock after selling 327,002 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $3,808,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Brown Lisle Cummings Inc. grew its position in SPDR Portfolio High Yield Bond ETF by 94.4% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 4,015 shares of the company’s stock worth $91,000 after acquiring an additional 1,950 shares during the last quarter. Center For Asset Management LLC increased its position in SPDR Portfolio High Yield Bond ETF by 119.8% during the 3rd quarter. Center For Asset Management LLC now owns 52,872 shares of the company’s stock valued at $1,194,000 after purchasing an additional 28,812 shares during the period. AlphaStar Capital Management LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 12.1% during the third quarter. AlphaStar Capital Management LLC now owns 1,017,372 shares of the company’s stock valued at $22,982,000 after buying an additional 110,119 shares during the period. USA Financial Formulas bought a new position in shares of SPDR Portfolio High Yield Bond ETF in the 3rd quarter worth approximately $351,000. Finally, Walser Wealth Management Company A Ltd Liability Co raised its holdings in SPDR Portfolio High Yield Bond ETF by 10.6% in the third quarter. Walser Wealth Management Company A Ltd Liability Co now owns 23,563 shares of the company’s stock worth $532,000 after purchasing an additional 2,267 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of NYSEARCA SPHY opened at $22.45 on Friday. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.32 and a 1 year high of $23.95. The firm has a 50-day moving average of $22.97 and a 200 day moving average of $23.24. The stock has a market cap of $11.66 billion, a P/E ratio of 7.31 and a beta of 0.39.

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.