Stonebridge Financial Planning Group LLC Raises Stake in SPDR Portfolio High Yield Bond ETF $SPHY

Stonebridge Financial Planning Group LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 15.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 233,574 shares of the company’s stock after buying an additional 31,497 shares during the period. SPDR Portfolio High Yield Bond ETF makes up about 2.0% of Stonebridge Financial Planning Group LLC’s investment portfolio, making the stock its 8th largest position. Stonebridge Financial Planning Group LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $5,529,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPHY. Newbridge Financial Services Group Inc. increased its position in SPDR Portfolio High Yield Bond ETF by 171.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after buying an additional 778 shares in the last quarter. Fourth Dimension Wealth LLC increased its position in SPDR Portfolio High Yield Bond ETF by 89.2% in the third quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock worth $32,000 after buying an additional 633 shares in the last quarter. Allworth Financial LP increased its position in SPDR Portfolio High Yield Bond ETF by 1,098.9% in the third quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock worth $52,000 after buying an additional 2,000 shares in the last quarter. Golden State Wealth Management LLC increased its position in SPDR Portfolio High Yield Bond ETF by 100.5% in the third quarter. Golden State Wealth Management LLC now owns 2,222 shares of the company’s stock worth $53,000 after buying an additional 1,114 shares in the last quarter. Finally, Elevated Capital Advisors LLC purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF during the fourth quarter worth about $67,000.

SPDR Portfolio High Yield Bond ETF Trading Up 0.0%

NYSEARCA:SPHY opened at $23.40 on Thursday. SPDR Portfolio High Yield Bond ETF has a 12-month low of $23.02 and a 12-month high of $23.99. The stock has a 50-day moving average price of $23.40 and a 200 day moving average price of $23.61. The stock has a market capitalization of $10.48 billion, a P/E 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.