Stephens Inc. AR Buys 29,942 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Stephens Inc. AR boosted its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 24.2% in the fourth quarter, HoldingsChannel reports. The firm owned 153,550 shares of the company’s stock after acquiring an additional 29,942 shares during the period. Stephens Inc. AR’s holdings in SPDR Portfolio High Yield Bond ETF were worth $3,635,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. grew its position 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 purchasing an additional 778 shares during the period. Fourth Dimension Wealth LLC grew its position 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 purchasing an additional 633 shares during the period. Allworth Financial LP grew its position 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 purchasing an additional 2,000 shares during the period. Golden State Wealth Management LLC grew its position 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 during the period. Finally, Elevated Capital Advisors LLC bought a new stake in SPDR Portfolio High Yield Bond ETF in the 4th quarter worth approximately $67,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA:SPHY opened at $23.29 on Tuesday. SPDR Portfolio High Yield Bond ETF has a 12 month low of $23.02 and a 12 month high of $23.99. The company has a market cap of $10.43 billion, a PE ratio of 7.31 and a beta of 0.38. The company has a 50 day simple moving average of $23.39 and a two-hundred day simple moving average of $23.59.

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.