Kestra Advisory Services LLC Acquires 37,037 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Kestra Advisory Services LLC boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 19.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 224,108 shares of the company’s stock after buying an additional 37,037 shares during the quarter. Kestra Advisory Services LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $5,226,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Aspire Private Capital LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 1.6% in the fourth quarter. Aspire Private Capital LLC now owns 28,071 shares of the company’s stock valued at $664,000 after buying an additional 435 shares during the last quarter. PFG Investments LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 5.3% during the 4th quarter. PFG Investments LLC now owns 8,808 shares of the company’s stock worth $208,000 after acquiring an additional 440 shares during the last quarter. MCF Advisors LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 0.4% during the 4th quarter. MCF Advisors LLC now owns 119,148 shares of the company’s stock worth $2,820,000 after acquiring an additional 509 shares during the last quarter. BlueStem Wealth Partners LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 4.6% in the 4th quarter. BlueStem Wealth Partners LLC now owns 12,246 shares of the company’s stock valued at $290,000 after acquiring an additional 540 shares during the period. Finally, Laurel Oak Wealth Management LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 4.9% in the 1st quarter. Laurel Oak Wealth Management LLC now owns 13,152 shares of the company’s stock valued at $307,000 after acquiring an additional 609 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.36 on Thursday. The business has a fifty day simple moving average of $23.38 and a two-hundred day simple moving average of $23.51. SPDR Portfolio High Yield Bond ETF has a 1 year low of $23.02 and a 1 year high of $23.99. The company has a market capitalization of $11.43 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38.

SPDR Portfolio High Yield Bond ETF 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.