SPDR Portfolio High Yield Bond ETF $SPHY Shares Bought by Moller Wealth Partners

Moller Wealth Partners grew its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 29.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 184,087 shares of the company’s stock after acquiring an additional 42,378 shares during the period. SPDR Portfolio High Yield Bond ETF comprises 0.9% of Moller Wealth Partners’ portfolio, making the stock its 26th largest holding. Moller Wealth Partners’ holdings in SPDR Portfolio High Yield Bond ETF were worth $4,357,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Signet Financial Management LLC increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 42.5% during the fourth quarter. Signet Financial Management LLC now owns 54,903 shares of the company’s stock worth $1,300,000 after acquiring an additional 16,363 shares during the period. Winebrenner Capital Management LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at about $834,000. Central Pacific Bank Trust Division acquired a new stake in SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at about $3,543,000. Iowa State Bank boosted its holdings in SPDR Portfolio High Yield Bond ETF by 3.8% in the 4th quarter. Iowa State Bank now owns 596,768 shares of the company’s stock valued at $14,125,000 after purchasing an additional 22,029 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 14.7% in the 4th quarter. Park Avenue Securities LLC now owns 41,924 shares of the company’s stock valued at $992,000 after purchasing an additional 5,361 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Trading Down 0.9%

NYSEARCA SPHY opened at $23.12 on Friday. The stock has a market capitalization of $10.22 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39. The business’s 50 day moving average is $23.64 and its two-hundred day moving average is $23.71. SPDR Portfolio High Yield Bond ETF has a 12-month low of $22.21 and a 12-month high of $23.99.

SPDR Portfolio High Yield Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.1396 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. This is a boost from SPDR Portfolio High Yield Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, March 2nd.

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.