Stratos Wealth Partners LTD. Buys New Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Stratos Wealth Partners LTD. purchased a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 28,650 shares of the company’s stock, valued at approximately $686,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 7.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock worth $260,000 after acquiring an additional 745 shares during the period. Stephens Inc. AR increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 0.8% in the second quarter. Stephens Inc. AR now owns 80,839 shares of the company’s stock valued at $1,924,000 after purchasing an additional 609 shares during the last quarter. WBH Advisory Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 23.9% in the second quarter. WBH Advisory Inc. now owns 19,048 shares of the company’s stock valued at $453,000 after purchasing an additional 3,672 shares during the period. Whittier Trust Co. lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 612.9% during the 2nd quarter. Whittier Trust Co. now owns 38,995 shares of the company’s stock worth $928,000 after buying an additional 33,525 shares during the last quarter. Finally, Exencial Wealth Advisors LLC grew its stake in SPDR Portfolio High Yield Bond ETF by 4.4% in the 2nd quarter. Exencial Wealth Advisors LLC now owns 58,871 shares of the company’s stock valued at $1,401,000 after buying an additional 2,455 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Down 0.1%

Shares of SPHY stock opened at $23.72 on Wednesday. SPDR Portfolio High Yield Bond ETF has a 12-month low of $22.21 and a 12-month high of $23.99. The company has a market capitalization of $10.49 billion, a PE ratio of 7.31 and a beta of 0.39. The firm has a 50 day moving average price of $23.73 and a two-hundred day moving average price of $23.75.

SPDR Portfolio High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.1379 per share. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend was Monday, February 2nd.

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.