SPDR Portfolio High Yield Bond ETF $SPHY Shares Bought by HF Advisory Group LLC

HF Advisory Group LLC grew its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 10.5% in the second quarter, HoldingsChannel.com reports. The fund owned 253,222 shares of the company’s stock after buying an additional 24,023 shares during the quarter. SPDR Portfolio High Yield Bond ETF comprises 1.8% of HF Advisory Group LLC’s portfolio, making the stock its 6th biggest position. HF Advisory Group LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $5,936,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of SPHY. Newbridge Financial Services Group Inc. grew 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 worth $29,000 after acquiring an additional 778 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new position in SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at $38,000. Smartleaf Asset Management LLC raised its position in SPDR Portfolio High Yield Bond ETF by 301.9% in the 4th 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. Physician Wealth Advisors Inc. boosted its stake in SPDR Portfolio High Yield Bond ETF by 54.7% in the first quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock worth $41,000 after purchasing an additional 623 shares in the last quarter. Finally, Arax Advisory Partners acquired a new position in SPDR Portfolio High Yield Bond ETF in the fourth quarter worth $53,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPHY stock opened at $23.28 on Friday. The stock’s fifty day moving average is $23.33 and its 200-day moving average is $23.45. The stock has a market capitalization of $11.64 billion, a PE ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week high of $23.99.

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.