Cambridge Investment Research Advisors Inc. Sells 517,159 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Cambridge Investment Research Advisors Inc. cut its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 33.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,030,595 shares of the company’s stock after selling 517,159 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $24,394,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of SPHY. Newbridge Financial Services Group Inc. raised its position in SPDR Portfolio High Yield Bond ETF by 171.4% during the 2nd 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 in the last quarter. Fourth Dimension Wealth LLC raised its position in SPDR Portfolio High Yield Bond ETF by 89.2% during the 3rd quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock valued at $32,000 after purchasing an additional 633 shares in the last quarter. Allworth Financial LP raised its position in SPDR Portfolio High Yield Bond ETF by 1,098.9% during the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock valued at $52,000 after purchasing an additional 2,000 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in shares of 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 period. Finally, Elevated Capital Advisors LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at $67,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of NYSEARCA:SPHY opened at $23.29 on Tuesday. SPDR Portfolio High Yield Bond ETF has a 12-month low of $23.02 and a 12-month high of $23.99. The business’s fifty day simple moving average is $23.39 and its 200-day simple moving average is $23.59. The company has a market capitalization of $10.43 billion, a PE ratio of 7.31 and a beta of 0.38.

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.