126,253 Shares in SPDR Portfolio High Yield Bond ETF $SPHY Bought by Kathmere Capital Management LLC

Kathmere Capital Management LLC purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 126,253 shares of the company’s stock, valued at approximately $2,988,000.

Other large investors have also made changes to their positions in the company. Newbridge Financial Services Group Inc. boosted its stake in shares of 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 worth $29,000 after acquiring an additional 778 shares during the period. Fourth Dimension Wealth LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 89.2% during the 3rd quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock valued at $32,000 after purchasing an additional 633 shares during the period. Allworth Financial LP raised its stake in SPDR Portfolio High Yield Bond ETF by 1,098.9% during the 3rd 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 period. Golden State Wealth Management LLC lifted 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 purchasing an additional 1,114 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 22.8% in the 3rd quarter. CoreCap Advisors LLC now owns 3,381 shares of the company’s stock worth $81,000 after purchasing an additional 628 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

SPHY stock opened at $23.13 on Friday. SPDR Portfolio High Yield Bond ETF has a 1-year low of $22.21 and a 1-year high of $23.99. The business has a 50 day simple moving average of $23.60 and a two-hundred day simple moving average of $23.70. The company has a market capitalization of $10.23 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39.

SPDR Portfolio High Yield Bond ETF Increases Dividend

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

SPDR Portfolio High Yield Bond ETF Company 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.