SPDR Portfolio High Yield Bond ETF $SPHY Shares Bought by World Investment Advisors

World Investment Advisors grew its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 76.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 58,762 shares of the company’s stock after acquiring an additional 25,483 shares during the quarter. World Investment Advisors’ holdings in SPDR Portfolio High Yield Bond ETF were worth $1,391,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. boosted its position in SPDR Portfolio High Yield Bond ETF by 171.4% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after acquiring an additional 778 shares during the period. Fourth Dimension Wealth LLC boosted its position in SPDR Portfolio High Yield Bond ETF by 89.2% during the 3rd quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock worth $32,000 after acquiring an additional 633 shares during the period. Allworth Financial LP boosted its position in SPDR Portfolio High Yield Bond ETF by 1,098.9% during the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock worth $52,000 after acquiring an additional 2,000 shares during the period. Golden State Wealth Management LLC lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 100.5% in the third quarter. Golden State Wealth Management LLC now owns 2,222 shares of the company’s stock valued at $53,000 after buying an additional 1,114 shares during the period. Finally, Elevated Capital Advisors LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at $67,000.

SPDR Portfolio High Yield Bond ETF Stock Down 0.4%

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.29 on Friday. The firm has a market cap of $10.43 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. The business has a fifty day simple moving average of $23.39 and a 200-day simple moving average of $23.60. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $23.02 and a fifty-two week high of $23.99.

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.