World Investment Advisors Has $1.39 Million Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

World Investment Advisors raised its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 76.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 58,762 shares of the company’s stock after purchasing an additional 25,483 shares during the quarter. World Investment Advisors’ holdings in SPDR Portfolio High Yield Bond ETF were worth $1,391,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in SPHY. Newbridge Financial Services Group Inc. boosted its position in shares of 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 purchasing an additional 778 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new stake in SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at about $38,000. Smartleaf Asset Management LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 301.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock valued at $40,000 after purchasing an additional 1,262 shares during the last quarter. Allworth Financial LP increased its holdings 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 purchasing an additional 2,000 shares during the last quarter. Finally, Arax Advisory Partners acquired a new position in SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at about $53,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPHY opened at $23.44 on Friday. The stock has a market cap of $10.50 billion, a P/E ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 1 year low of $23.02 and a 1 year high of $23.99. The stock’s 50-day moving average price is $23.44 and its two-hundred day moving average price is $23.55.

SPDR Portfolio High Yield Bond ETF 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.