Proficio Capital Partners LLC Invests $1.09 Million in SPDR Portfolio High Yield Bond ETF $SPHY

Proficio Capital Partners LLC acquired a new position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 46,575 shares of the company’s stock, valued at approximately $1,092,000.

Other institutional investors have also added to or reduced their stakes in the company. Integrated Wealth Concepts LLC raised its holdings in SPDR Portfolio High Yield Bond ETF by 7.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock worth $260,000 after purchasing an additional 745 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 5.5% in the 2nd quarter. NewEdge Advisors LLC now owns 340,238 shares of the company’s stock worth $8,098,000 after purchasing an additional 17,658 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 0.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 903,301 shares of the company’s stock valued at $21,498,000 after purchasing an additional 5,169 shares during the last quarter. EP Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 71.2% in the 2nd quarter. EP Wealth Advisors LLC now owns 10,094 shares of the company’s stock valued at $240,000 after purchasing an additional 4,198 shares during the last quarter. Finally, IHT Wealth Management LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 5.3% during the second quarter. IHT Wealth Management LLC now owns 68,781 shares of the company’s stock worth $1,637,000 after buying an additional 3,481 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Down 0.9%

SPHY opened at $23.14 on Wednesday. SPDR Portfolio High Yield Bond ETF has a twelve month low of $23.02 and a twelve month high of $23.99. The company has a fifty day moving average of $23.31 and a 200-day moving average of $23.39. The stock 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 Company 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.