SPDR Portfolio High Yield Bond ETF $SPHY Shares Sold by Wealth Forward LLC

Wealth Forward LLC cut its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 54.4% in the third quarter, Holdings Channel reports. The firm owned 106,896 shares of the company’s stock after selling 127,419 shares during the period. SPDR Portfolio High Yield Bond ETF accounts for 1.1% of Wealth Forward LLC’s investment portfolio, making the stock its 21st largest holding. Wealth Forward LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in SPHY. Physician Wealth Advisors Inc. grew its stake in shares of SPDR Portfolio High Yield Bond ETF by 54.7% in the 1st quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock valued at $41,000 after buying an additional 623 shares in the last quarter. Brown Lisle Cummings Inc. increased its holdings in SPDR Portfolio High Yield Bond ETF by 1,232.3% in the second quarter. Brown Lisle Cummings Inc. now owns 2,065 shares of the company’s stock worth $48,000 after buying an additional 1,910 shares during the last quarter. Atomic Invest LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 35.0% in the second quarter. Atomic Invest LLC now owns 2,844 shares of the company’s stock worth $67,000 after buying an additional 737 shares during the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in SPDR Portfolio High Yield Bond ETF during the second quarter valued at approximately $91,000. Finally, Waverly Advisors LLC bought a new position in SPDR Portfolio High Yield Bond ETF during the first quarter valued at approximately $99,000.

SPDR Portfolio High Yield Bond ETF Trading Down 0.4%

NYSEARCA SPHY traded down $0.10 during trading on Wednesday, reaching $22.43. The company’s stock had a trading volume of 2,445,796 shares, compared to its average volume of 5,871,357. The stock has a market capitalization of $11.78 billion, a PE ratio of 7.31 and a beta of 0.39. The business has a 50-day moving average price of $23.02 and a 200-day moving average price of $23.25. SPDR Portfolio High Yield Bond ETF has a 1-year low of $22.32 and a 1-year high of $23.95.

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.