Hilltop Partners LLC Has $13.02 Million Stock Position in SPDR Portfolio High Yield Bond ETF $SPHY

Hilltop Partners LLC increased its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 4.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 549,959 shares of the company’s stock after purchasing an additional 21,452 shares during the period. SPDR Portfolio High Yield Bond ETF comprises about 3.4% of Hilltop Partners LLC’s portfolio, making the stock its 6th largest holding. Hilltop Partners LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $13,018,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of SPHY. Newbridge Financial Services Group Inc. increased its holdings in SPDR Portfolio High Yield Bond ETF by 171.4% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after buying an additional 778 shares in the last quarter. Fourth Dimension Wealth LLC increased its holdings 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 worth $32,000 after buying an additional 633 shares in the last quarter. Allworth Financial LP increased its holdings in SPDR Portfolio High Yield Bond ETF by 1,098.9% in the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock worth $52,000 after buying an additional 2,000 shares in the last quarter. Golden State Wealth Management LLC increased its holdings 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 worth $53,000 after buying an additional 1,114 shares in the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in SPDR Portfolio High Yield Bond ETF in the 4th quarter worth about $67,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA SPHY opened at $23.53 on Friday. SPDR Portfolio High Yield Bond ETF has a one year low of $23.02 and a one year high of $23.99. The stock has a 50-day moving average of $23.41 and a 200 day moving average of $23.58. The company has a market capitalization of $10.54 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38.

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.