Cambridge Investment Research Advisors Inc. Has $16.95 Million Stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Cambridge Investment Research Advisors Inc. trimmed its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 9.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 724,989 shares of the company’s stock after selling 72,807 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 1.21% of SPDR Portfolio High Yield Bond ETF worth $16,950,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPHY. Ameriprise Financial Inc. boosted its holdings in SPDR Portfolio High Yield Bond ETF by 154.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,470,927 shares of the company’s stock valued at $55,530,000 after purchasing an additional 1,498,074 shares during the period. One Capital Management LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF during the third quarter valued at about $15,541,000. Avior Wealth Management LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 1,174.1% in the fourth quarter. Avior Wealth Management LLC now owns 222,415 shares of the company’s stock valued at $5,200,000 after buying an additional 204,959 shares during the period. Appleton Partners Inc. MA acquired a new stake in SPDR Portfolio High Yield Bond ETF during the fourth quarter worth about $2,465,000. Finally, Iowa State Bank increased its stake in SPDR Portfolio High Yield Bond ETF by 5.8% during the fourth quarter. Iowa State Bank now owns 103,603 shares of the company’s stock valued at $2,422,000 after acquiring an additional 5,700 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Up 0.3 %

Shares of SPHY stock traded up $0.07 during mid-day trading on Friday, reaching $23.24. The stock had a trading volume of 1,101,300 shares, compared to its average volume of 2,866,160. SPDR Portfolio High Yield Bond ETF has a one year low of $21.80 and a one year high of $23.57. The firm has a market cap of $4.72 billion, a PE ratio of 3.97 and a beta of 0.34. The firm’s 50 day simple moving average is $23.20 and its 200 day simple moving average is $23.18.

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.