WCG Wealth Advisors LLC Purchases 338,612 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

WCG Wealth Advisors LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 573.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 397,708 shares of the company’s stock after purchasing an additional 338,612 shares during the period. WCG Wealth Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $9,414,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Aspire Private Capital LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 1.6% during the 4th quarter. Aspire Private Capital LLC now owns 28,071 shares of the company’s stock worth $664,000 after acquiring an additional 435 shares during the period. PFG Investments LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 5.3% during the 4th quarter. PFG Investments LLC now owns 8,808 shares of the company’s stock worth $208,000 after acquiring an additional 440 shares during the period. Cumberland Partners Ltd increased its stake in SPDR Portfolio High Yield Bond ETF by 4.5% during the 3rd quarter. Cumberland Partners Ltd now owns 10,876 shares of the company’s stock worth $260,000 after acquiring an additional 466 shares during the period. Lynx Investment Advisory increased its stake in SPDR Portfolio High Yield Bond ETF by 4.3% during the 3rd quarter. Lynx Investment Advisory now owns 12,608 shares of the company’s stock worth $302,000 after acquiring an additional 522 shares during the period. Finally, BlueStem Wealth Partners LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 4.6% during the 4th quarter. BlueStem Wealth Partners LLC now owns 12,246 shares of the company’s stock worth $290,000 after acquiring an additional 540 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

SPDR Portfolio High Yield Bond ETF stock opened at $23.34 on Thursday. The stock’s fifty day moving average price is $23.41 and its two-hundred day moving average price is $23.57. SPDR Portfolio High Yield Bond ETF has a one year low of $23.02 and a one year high of $23.99. The firm has a market cap of $10.45 billion, a PE ratio of 7.31 and a beta of 0.38.

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.