Lynx Investment Advisory Raises Position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Lynx Investment Advisory increased its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 3.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 12,810 shares of the company’s stock after acquiring an additional 476 shares during the quarter. Lynx Investment Advisory’s holdings in SPDR Portfolio High Yield Bond ETF were worth $301,000 as of its most recent SEC filing.

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

SPDR Portfolio High Yield Bond ETF Stock Down 0.1 %

SPDR Portfolio High Yield Bond ETF stock opened at $23.51 on Monday. The stock has a market capitalization of $7.73 billion, a PE ratio of 59.88 and a beta of 0.47. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.82 and a twelve month high of $24.07. The company has a 50 day moving average of $23.66 and a 200-day moving average of $23.71.

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.