Cumberland Partners Ltd Raises Stake in SPDR Portfolio High Yield Bond ETF $SPHY

Cumberland Partners Ltd boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 202.6% in the fourth quarter, HoldingsChannel reports. The fund owned 32,906 shares of the company’s stock after acquiring an additional 22,030 shares during the period. Cumberland Partners Ltd’s holdings in SPDR Portfolio High Yield Bond ETF were worth $779,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. 49 Wealth Management LLC purchased a new position in SPDR Portfolio High Yield Bond ETF during the 3rd quarter valued at about $5,749,000. HF Advisory Group LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 11.5% during the 4th quarter. HF Advisory Group LLC now owns 209,470 shares of the company’s stock valued at $4,958,000 after acquiring an additional 21,552 shares during the period. Financial Advisory Partners LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 8.1% during the 4th quarter. Financial Advisory Partners LLC now owns 449,158 shares of the company’s stock valued at $10,632,000 after acquiring an additional 33,785 shares during the period. Diversified Enterprises LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 17.5% during the 4th quarter. Diversified Enterprises LLC now owns 148,109 shares of the company’s stock valued at $3,506,000 after acquiring an additional 22,053 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in SPDR Portfolio High Yield Bond ETF by 19.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,675,220 shares of the company’s stock valued at $87,985,000 after acquiring an additional 602,997 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of NYSEARCA SPHY opened at $23.41 on Friday. SPDR Portfolio High Yield Bond ETF has a 1 year low of $23.02 and a 1 year high of $23.99. The stock has a market cap of $10.48 billion, a P/E ratio of 7.31 and a beta of 0.38. The firm has a 50-day moving average of $23.39 and a 200 day moving average of $23.58.

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.