S&A Financial Services Inc. Purchases Shares of 427,383 SPDR Portfolio High Yield Bond ETF $SPHY

S&A Financial Services Inc. acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 427,383 shares of the company’s stock, valued at approximately $9,967,000. SPDR Portfolio High Yield Bond ETF accounts for 6.8% of S&A Financial Services Inc.’s investment portfolio, making the stock its 2nd largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPHY. Newbridge Financial Services Group Inc. grew its stake in shares of SPDR Portfolio High Yield Bond ETF by 171.4% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after buying an additional 778 shares during the period. IFC & Insurance Marketing Inc. acquired a new position in SPDR Portfolio High Yield Bond ETF during the 4th quarter worth approximately $38,000. Smartleaf Asset Management LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 301.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock worth $40,000 after buying an additional 1,262 shares during the period. Physician Wealth Advisors Inc. boosted its holdings in SPDR Portfolio High Yield Bond ETF by 54.7% in the first quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock worth $41,000 after acquiring an additional 623 shares in the last quarter. Finally, Arax Advisory Partners bought a new position in SPDR Portfolio High Yield Bond ETF in the fourth quarter worth approximately $53,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.27 on Monday. The stock has a market capitalization of $11.67 billion, a PE ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week high of $23.99. The stock has a 50 day moving average price of $23.35 and a two-hundred day moving average price of $23.47.

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.