Capitolis Liquid Global Markets LLC Reduces Stake in SPDR Portfolio High Yield Bond ETF $SPHY

Capitolis Liquid Global Markets LLC cut its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 62.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 45,000 shares of the company’s stock after selling 74,300 shares during the quarter. Capitolis Liquid Global Markets LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,077,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of SPHY. Newbridge Financial Services Group Inc. increased its position 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 buying an additional 778 shares in the last quarter. Fourth Dimension Wealth LLC grew its stake in SPDR Portfolio High Yield Bond ETF by 89.2% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock valued at $32,000 after acquiring an additional 633 shares during the last quarter. Golden State Wealth Management LLC grew its stake in SPDR Portfolio High Yield Bond ETF by 100.5% in the 3rd quarter. Golden State Wealth Management LLC now owns 2,222 shares of the company’s stock valued at $53,000 after acquiring an additional 1,114 shares during the last quarter. CoreCap Advisors LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 22.8% during the 3rd quarter. CoreCap Advisors LLC now owns 3,381 shares of the company’s stock valued at $81,000 after acquiring an additional 628 shares in the last quarter. Finally, Greykasell Wealth Strategies Inc. purchased a new position in SPDR Portfolio High Yield Bond ETF during the 3rd quarter valued at about $84,000.

SPDR Portfolio High Yield Bond ETF Trading Down 0.2%

Shares of SPHY opened at $23.21 on Monday. SPDR Portfolio High Yield Bond ETF has a 12-month low of $22.21 and a 12-month high of $23.99. The stock has a market cap of $10.26 billion, a P/E ratio of 7.31 and a beta of 0.39. The company has a 50-day moving average of $23.69 and a two-hundred day moving average of $23.73.

SPDR Portfolio High Yield Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1396 per share. This is a positive change from SPDR Portfolio High Yield Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%.

About SPDR Portfolio High Yield Bond ETF

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.