Sanctuary Advisors LLC Sells 25,107 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Sanctuary Advisors LLC lowered its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 14.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 150,272 shares of the company’s stock after selling 25,107 shares during the period. Sanctuary Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $3,557,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPHY. Integrated Wealth Concepts LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 7.2% during the first quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock worth $260,000 after purchasing an additional 745 shares during the period. NewEdge Advisors LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 5.5% during the second quarter. NewEdge Advisors LLC now owns 340,238 shares of the company’s stock worth $8,098,000 after purchasing an additional 17,658 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of SPDR Portfolio High Yield Bond ETF by 0.6% during the second quarter. The Manufacturers Life Insurance Company now owns 903,301 shares of the company’s stock worth $21,498,000 after purchasing an additional 5,169 shares during the period. EP Wealth Advisors LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 71.2% during the second quarter. EP Wealth Advisors LLC now owns 10,094 shares of the company’s stock worth $240,000 after purchasing an additional 4,198 shares during the period. Finally, IHT Wealth Management LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 5.3% during the second quarter. IHT Wealth Management LLC now owns 68,781 shares of the company’s stock worth $1,637,000 after purchasing an additional 3,481 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA SPHY opened at $23.55 on Friday. The firm has a market cap of $10.56 billion, a P/E ratio of 7.31 and a beta of 0.40. The stock’s 50-day moving average is $23.44 and its 200-day moving average is $23.63. SPDR Portfolio High Yield Bond ETF has a one year low of $23.02 and a one year high of $23.99.

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.