Financial Futures Ltd Liability Co. trimmed its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 3.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 658,458 shares of the company’s stock after selling 22,712 shares during the quarter. SPDR Portfolio High Yield Bond ETF accounts for approximately 5.5% of Financial Futures Ltd Liability Co.’s portfolio, making the stock its 6th largest holding. Financial Futures Ltd Liability Co.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $14,875,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Physician Wealth Advisors Inc. grew its stake 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. Brown Lisle Cummings Inc. raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1,232.3% in the second quarter. Brown Lisle Cummings Inc. now owns 2,065 shares of the company’s stock valued at $48,000 after purchasing an additional 1,910 shares during the last quarter. Atomic Invest LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 35.0% during the second quarter. Atomic Invest LLC now owns 2,844 shares of the company’s stock valued at $67,000 after purchasing an additional 737 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in shares of SPDR Portfolio High Yield Bond ETF during the second quarter valued at about $91,000. Finally, Waverly Advisors LLC bought a new position in shares of SPDR Portfolio High Yield Bond ETF during the first quarter valued at about $99,000.
SPDR Portfolio High Yield Bond ETF Stock Down 0.4%
SPDR Portfolio High Yield Bond ETF stock traded down $0.09 during midday trading on Tuesday, hitting $22.50. 1,529,617 shares of the stock were exchanged, compared to its average volume of 5,876,110. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.32 and a 52-week high of $23.95. The stock has a market capitalization of $11.82 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39. The business’s 50-day moving average price is $23.03 and its 200-day moving average price is $23.26.
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.
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