Kathmere Capital Management LLC Has $1.51 Million Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Kathmere Capital Management LLC trimmed its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 48.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 64,722 shares of the company’s stock after selling 61,531 shares during the quarter. Kathmere Capital Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,509,000 as of its most recent SEC filing.

Several other hedge funds 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% during 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 during the last quarter. IFC & Insurance Marketing Inc. bought a new stake in SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at approximately $38,000. Smartleaf Asset Management LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 301.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock valued at $40,000 after buying an additional 1,262 shares during the last quarter. Physician Wealth Advisors Inc. lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 54.7% in the first quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock valued at $41,000 after buying an additional 623 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 1,098.9% during the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock worth $52,000 after acquiring an additional 2,000 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of NYSEARCA SPHY opened at $23.34 on Monday. The company has a market capitalization of $11.30 billion, a P/E ratio of 7.31 and a beta of 0.38. 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 of $23.41 and a 200-day moving average of $23.52.

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.