FSA Advisors Inc. Acquires Shares of 188,795 SPDR Portfolio High Yield Bond ETF $SPHY

FSA Advisors Inc. acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the 4th quarter, HoldingsChannel reports. The fund acquired 188,795 shares of the company’s stock, valued at approximately $4,469,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. AlphaStar Capital Management LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 49.8% during the fourth quarter. AlphaStar Capital Management LLC now owns 866,247 shares of the company’s stock valued at $20,504,000 after purchasing an additional 288,010 shares in the last quarter. Aurora Private Wealth Inc. purchased a new position in SPDR Portfolio High Yield Bond ETF during the fourth quarter valued at $2,234,000. Benjamin Edwards Inc. lifted its holdings in SPDR Portfolio High Yield Bond ETF by 7.9% during the fourth quarter. Benjamin Edwards Inc. now owns 1,192,956 shares of the company’s stock valued at $28,235,000 after purchasing an additional 87,374 shares in the last quarter. LVZ Inc. acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at about $1,896,000. Finally, Sandro Wealth Management LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at about $365,000.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of NYSEARCA SPHY opened at $23.45 on Monday. The firm has a 50-day simple moving average of $23.44 and a 200-day simple moving average of $23.62. The stock has a market capitalization of $10.50 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39. 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 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.