Commonwealth Equity Services LLC Sells 34,543 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Commonwealth Equity Services LLC cut its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 12.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 249,759 shares of the company’s stock after selling 34,543 shares during the period. Commonwealth Equity Services LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $5,912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Aspire Private Capital LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 1.6% in the fourth quarter. Aspire Private Capital LLC now owns 28,071 shares of the company’s stock valued at $664,000 after buying an additional 435 shares during the period. PFG Investments LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 5.3% in the fourth quarter. PFG Investments LLC now owns 8,808 shares of the company’s stock valued at $208,000 after buying an additional 440 shares during the period. Cumberland Partners Ltd raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 4.5% in the third quarter. Cumberland Partners Ltd now owns 10,876 shares of the company’s stock valued at $260,000 after buying an additional 466 shares during the period. MCF Advisors LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 0.4% in the fourth quarter. MCF Advisors LLC now owns 119,148 shares of the company’s stock valued at $2,820,000 after buying an additional 509 shares during the period. Finally, Lynx Investment Advisory raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 4.3% during the 3rd quarter. Lynx Investment Advisory now owns 12,608 shares of the company’s stock valued at $302,000 after purchasing an additional 522 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA:SPHY opened at $23.27 on Friday. SPDR Portfolio High Yield Bond ETF has a 52-week low of $23.02 and a 52-week high of $23.99. The firm has a market cap of $10.42 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. The business’s fifty day moving average is $23.42 and its 200 day moving average is $23.57.

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.