Catalyst Capital Advisors LLC Trims Stock Position in SPDR Portfolio High Yield Bond ETF $SPHY

Catalyst Capital Advisors LLC cut its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 24.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100,000 shares of the company’s stock after selling 32,000 shares during the period. Catalyst Capital Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,367,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. lifted its position in 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 acquiring an additional 778 shares during the last quarter. Fourth Dimension Wealth LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 89.2% in the third 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. Allworth Financial LP lifted its position in SPDR Portfolio High Yield Bond ETF by 1,098.9% in the third quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock valued at $52,000 after acquiring an additional 2,000 shares during the last quarter. Golden State Wealth Management LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 100.5% in the third 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. Finally, Elevated Capital Advisors LLC purchased a new stake in SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at $67,000.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY opened at $23.53 on Friday. SPDR Portfolio High Yield Bond ETF has a 1-year low of $23.02 and a 1-year high of $23.99. The stock has a market cap of $10.54 billion, a PE ratio of 7.31 and a beta of 0.38. The firm has a fifty day moving average price of $23.41 and a 200 day moving average price of $23.58.

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.