Amicus Financial Advisors LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 29,573 shares of the company’s stock, valued at approximately $700,000.
Other hedge funds also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 171.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after purchasing an additional 778 shares during the period. IFC & Insurance Marketing Inc. purchased a new stake in SPDR Portfolio High Yield Bond ETF during the 4th quarter worth $38,000. Smartleaf Asset Management LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 301.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock worth $40,000 after buying an additional 1,262 shares in the last quarter. Allworth Financial LP lifted its holdings in SPDR Portfolio High Yield Bond ETF by 1,098.9% in the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock worth $52,000 after buying an additional 2,000 shares in the last quarter. Finally, Arax Advisory Partners purchased a new position in SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at about $53,000.
SPDR Portfolio High Yield Bond ETF Price Performance
Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.44 on Friday. The business has a 50-day moving average of $23.44 and a 200-day moving average of $23.55. The company has a market capitalization of $10.50 billion, a PE ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 1-year low of $23.02 and a 1-year 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.
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Want to see what other hedge funds are holding SPHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report).
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