GenTrust LLC Purchases New Stake in SPDR Portfolio High Yield Bond ETF $SPHY

GenTrust LLC purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 199,646 shares of the company’s stock, valued at approximately $4,752,000. GenTrust LLC owned 0.05% of SPDR Portfolio High Yield Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Cranbrook Wealth Management LLC bought a new position in SPDR Portfolio High Yield Bond ETF during the second quarter valued at about $26,000. Parallel Advisors LLC purchased a new stake in SPDR Portfolio High Yield Bond ETF during the second quarter valued at about $29,000. Alaska Permanent Capital Management LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 10,916.7% during the second quarter. Alaska Permanent Capital Management LLC now owns 1,322 shares of the company’s stock valued at $31,000 after purchasing an additional 1,310 shares during the last quarter. Golden State Wealth Management LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 193.0% during the first quarter. Golden State Wealth Management LLC now owns 1,415 shares of the company’s stock valued at $33,000 after purchasing an additional 932 shares during the last quarter. Finally, Centennial Bank AR purchased a new stake in SPDR Portfolio High Yield Bond ETF during the first quarter valued at about $34,000.

SPDR Portfolio High Yield Bond ETF Stock Up 0.2%

NYSEARCA SPHY opened at $23.80 on Friday. The company has a market cap of $9.62 billion, a PE ratio of 7.31 and a beta of 0.42. SPDR Portfolio High Yield Bond ETF has a 52 week low of $22.21 and a 52 week high of $23.99. The firm’s 50-day simple moving average is $23.81 and its two-hundred day simple moving average is $23.55.

About SPDR Portfolio High Yield Bond ETF

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.