Hurlow Wealth Management Group Inc. Has $3.58 Million Holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Hurlow Wealth Management Group Inc. lifted its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 4.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 152,371 shares of the company’s stock after buying an additional 6,824 shares during the quarter. SPDR Portfolio High Yield Bond ETF makes up about 1.1% of Hurlow Wealth Management Group Inc.’s holdings, making the stock its 23rd largest holding. Hurlow Wealth Management Group Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $3,576,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in SPHY. Providence First Trust Co acquired a new position in SPDR Portfolio High Yield Bond ETF in the 4th quarter worth approximately $47,000. OLD Point Trust & Financial Services N A acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter worth $57,000. AdvisorNet Financial Inc boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 18.2% in the fourth quarter. AdvisorNet Financial Inc now owns 2,897 shares of the company’s stock worth $68,000 after buying an additional 447 shares during the period. Bank of Jackson Hole Trust purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the fourth quarter valued at $86,000. Finally, Investment Research & Advisory Group Inc. raised its position in SPDR Portfolio High Yield Bond ETF by 9,964.4% during the fourth quarter. Investment Research & Advisory Group Inc. now owns 4,529 shares of the company’s stock valued at $106,000 after buying an additional 4,484 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Down 1.3 %

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.05 on Friday. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.82 and a 1 year high of $24.07. The company has a market cap of $8.58 billion, a P/E ratio of 59.85 and a beta of 0.47. The stock has a 50-day moving average price of $23.62 and a 200 day moving average price of $23.69.

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.