WCG Wealth Advisors LLC Buys 338,612 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

WCG Wealth Advisors LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 573.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 397,708 shares of the company’s stock after buying an additional 338,612 shares during the quarter. WCG Wealth Advisors LLC owned 0.09% of SPDR Portfolio High Yield Bond ETF worth $9,414,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Aspire Private Capital LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1.6% during the fourth quarter. Aspire Private Capital LLC now owns 28,071 shares of the company’s stock worth $664,000 after buying an additional 435 shares in the last quarter. PFG Investments LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 5.3% during the fourth quarter. PFG Investments LLC now owns 8,808 shares of the company’s stock worth $208,000 after buying an additional 440 shares in the last quarter. Cumberland Partners Ltd grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 4.5% during the third quarter. Cumberland Partners Ltd now owns 10,876 shares of the company’s stock worth $260,000 after buying an additional 466 shares in the last quarter. Lynx Investment Advisory grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 4.3% during the third quarter. Lynx Investment Advisory now owns 12,608 shares of the company’s stock worth $302,000 after buying an additional 522 shares in the last quarter. Finally, BlueStem Wealth Partners LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 4.6% during the fourth quarter. BlueStem Wealth Partners LLC now owns 12,246 shares of the company’s stock worth $290,000 after buying an additional 540 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA:SPHY opened at $23.34 on Thursday. The company has a market cap of $10.45 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 simple moving average of $23.41 and a 200 day simple moving average of $23.57.

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.