SPDR Portfolio High Yield Bond ETF $SPHY Shares Sold by RFG Holdings Inc.

RFG Holdings Inc. cut its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 7.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 977,503 shares of the company’s stock after selling 73,776 shares during the quarter. SPDR Portfolio High Yield Bond ETF accounts for about 5.7% of RFG Holdings Inc.’s portfolio, making the stock its 4th biggest holding. RFG Holdings Inc. owned about 0.22% of SPDR Portfolio High Yield Bond ETF worth $22,795,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. HF Advisory Group LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 11.5% during the fourth quarter. HF Advisory Group LLC now owns 209,470 shares of the company’s stock worth $4,958,000 after purchasing an additional 21,552 shares during the last quarter. Financial Advisory Partners LLC grew its position in SPDR Portfolio High Yield Bond ETF by 8.1% in the fourth quarter. Financial Advisory Partners LLC now owns 449,158 shares of the company’s stock valued at $10,632,000 after purchasing an additional 33,785 shares in the last quarter. 49 Wealth Management LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF in the 3rd quarter valued at $5,749,000. Rede Wealth LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at $1,391,000. Finally, Diversified Enterprises LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 17.5% in the 4th quarter. Diversified Enterprises LLC now owns 148,109 shares of the company’s stock valued at $3,506,000 after buying an additional 22,053 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of NYSEARCA:SPHY opened at $23.44 on Friday. The company’s 50-day moving average price is $23.44 and its two-hundred day moving average price is $23.55. SPDR Portfolio High Yield Bond ETF has a one year low of $23.02 and a one year high of $23.99. The stock has a market capitalization of $10.50 billion, a PE ratio of 7.31 and a beta of 0.38.

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.