SPDR Portfolio High Yield Bond ETF $SPHY Stock Holdings Lifted by Center For Asset Management LLC

Center For Asset Management LLC increased its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 119.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 52,872 shares of the company’s stock after acquiring an additional 28,812 shares during the period. Center For Asset Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,194,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. AlphaStar Capital Management LLC raised its position in SPDR Portfolio High Yield Bond ETF by 12.1% in the third quarter. AlphaStar Capital Management LLC now owns 1,017,372 shares of the company’s stock valued at $22,982,000 after purchasing an additional 110,119 shares during the period. USA Financial Formulas acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the 3rd quarter valued at $351,000. Walser Wealth Management Company A Ltd Liability Co lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 10.6% in the 3rd quarter. Walser Wealth Management Company A Ltd Liability Co now owns 23,563 shares of the company’s stock valued at $532,000 after purchasing an additional 2,267 shares during the last quarter. Moller Wealth Partners acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the 3rd quarter valued at $11,020,000. Finally, Martel Wealth Advisors LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 2.1% in the 3rd quarter. Martel Wealth Advisors LLC now owns 99,535 shares of the company’s stock valued at $2,248,000 after purchasing an additional 2,060 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Trading Down 0.4%

NYSEARCA SPHY opened at $22.45 on Friday. The stock has a market cap of $11.66 billion, a PE ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.32 and a twelve month high of $23.95. The stock has a fifty day simple moving average of $22.97 and a 200-day simple moving average of $23.24.

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.