Carolina Wealth Advisors LLC bought a new stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 21,413 shares of the company’s stock, valued at approximately $510,000.
Other hedge funds also recently modified their holdings of the company. ORG Partners LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the first quarter valued at approximately $26,000. Cranbrook Wealth Management LLC purchased a new stake in SPDR Portfolio High Yield Bond ETF in the 2nd quarter worth approximately $26,000. Parallel Advisors LLC acquired a new position in SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at $29,000. Golden State Wealth Management LLC raised its holdings in SPDR Portfolio High Yield Bond ETF by 193.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,415 shares of the company’s stock valued at $33,000 after acquiring an additional 932 shares during the last quarter. Finally, Centennial Bank AR purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the 1st quarter worth $34,000.
SPDR Portfolio High Yield Bond ETF Stock Down 0.1%
SPHY stock opened at $23.81 on Friday. The stock has a market capitalization of $9.50 billion, a price-to-earnings ratio of 7.31 and a beta of 0.42. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.21 and a 52-week high of $23.99. The stock’s fifty day simple moving average is $23.79 and its 200-day simple moving average is $23.51.
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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