SPDR Portfolio High Yield Bond ETF $SPHY Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC decreased its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 13.8% during the 1st quarter, Holdings Channel reports. The firm owned 218,217 shares of the company’s stock after selling 34,939 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $5,089,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. HF Advisory Group LLC grew its holdings in SPDR Portfolio High Yield Bond ETF by 11.5% during the 4th quarter. HF Advisory Group LLC now owns 209,470 shares of the company’s stock valued at $4,958,000 after buying an additional 21,552 shares during the last quarter. Financial Advisory Partners LLC raised its holdings in SPDR Portfolio High Yield Bond ETF by 8.1% in the 4th quarter. Financial Advisory Partners LLC now owns 449,158 shares of the company’s stock valued at $10,632,000 after acquiring an additional 33,785 shares during the last quarter. Rede Wealth LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the 4th quarter worth $1,391,000. Diversified Enterprises LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 17.5% during the 4th quarter. Diversified Enterprises LLC now owns 148,109 shares of the company’s stock worth $3,506,000 after purchasing an additional 22,053 shares during the period. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the third quarter worth $9,817,000.

SPDR Portfolio High Yield Bond ETF Stock Down 0.1%

Shares of NYSEARCA:SPHY opened at $23.35 on Wednesday. The company has a market cap of $11.21 billion, a P/E ratio of 7.31 and a beta of 0.38. The business has a fifty day simple moving average of $23.40 and a 200-day simple moving average of $23.52. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week 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.