Sanctuary Advisors LLC Lowers Position in SPDR Portfolio High Yield Bond ETF $SPHY

Sanctuary Advisors LLC trimmed its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 24.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 113,085 shares of the company’s stock after selling 37,187 shares during the quarter. Sanctuary Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,637,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in SPHY. HF Advisory Group LLC boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 11.5% in the 4th quarter. HF Advisory Group LLC now owns 209,470 shares of the company’s stock worth $4,958,000 after buying an additional 21,552 shares in the last quarter. Financial Advisory Partners LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 8.1% during the 4th quarter. Financial Advisory Partners LLC now owns 449,158 shares of the company’s stock valued at $10,632,000 after acquiring an additional 33,785 shares in the last quarter. Rede Wealth LLC purchased a new position in SPDR Portfolio High Yield Bond ETF during the 4th quarter valued at about $1,391,000. Diversified Enterprises LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 17.5% during the 4th quarter. Diversified Enterprises LLC now owns 148,109 shares of the company’s stock valued at $3,506,000 after acquiring an additional 22,053 shares in the last quarter. Finally, Elm3 Financial Group LLC acquired a new position in SPDR Portfolio High Yield Bond ETF during the fourth quarter worth about $1,650,000.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of NYSEARCA SPHY opened at $23.33 on Tuesday. SPDR Portfolio High Yield Bond ETF has a 12-month low of $23.02 and a 12-month high of $23.99. The company has a market capitalization of $11.46 billion, a PE ratio of 7.31 and a beta of 0.38. The firm’s 50-day moving average is $23.38 and its two-hundred day moving average is $23.50.

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.