IFP Advisors Inc Has $4.76 Million Stake in SPDR Portfolio High Yield Bond ETF $SPHY

IFP Advisors Inc increased its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 15.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 202,937 shares of the company’s stock after purchasing an additional 27,029 shares during the period. IFP Advisors Inc’s holdings in SPDR Portfolio High Yield Bond ETF were worth $4,757,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. MCF Advisors LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 0.4% in the 4th quarter. MCF Advisors LLC now owns 119,148 shares of the company’s stock valued at $2,820,000 after purchasing an additional 509 shares in the last quarter. BlueStem Wealth Partners LLC increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 4.6% in the fourth quarter. BlueStem Wealth Partners LLC now owns 12,246 shares of the company’s stock valued at $290,000 after buying an additional 540 shares during the period. Laurel Oak Wealth Management LLC increased its position in SPDR Portfolio High Yield Bond ETF by 4.9% during the 1st quarter. Laurel Oak Wealth Management LLC now owns 13,152 shares of the company’s stock valued at $307,000 after purchasing an additional 609 shares during the period. Portland Financial Advisors Inc raised its stake in SPDR Portfolio High Yield Bond ETF by 3.1% during the fourth quarter. Portland Financial Advisors Inc now owns 20,286 shares of the company’s stock worth $480,000 after buying an additional 618 shares during the last quarter. Finally, Physician Wealth Advisors Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 54.7% in the 1st quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock worth $41,000 after acquiring an additional 623 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPHY opened at $23.01 on Friday. The business’s 50 day moving average price is $23.27 and its two-hundred day moving average price is $23.36. The firm has a market cap of $11.50 billion, a PE ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.99 and a 52-week high of $23.99.

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.