Mutual Advisors LLC Makes New Investment in SPDR Portfolio High Yield Bond ETF $SPHY

Mutual Advisors LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 54,949 shares of the company’s stock, valued at approximately $1,301,000.

Several other institutional investors have also recently bought and sold shares of the business. Index Fund Advisors Inc. raised its holdings in SPDR Portfolio High Yield Bond ETF by 0.9% during the third quarter. Index Fund Advisors Inc. now owns 47,243 shares of the company’s stock worth $1,131,000 after buying an additional 421 shares during the last quarter. Aspire Private Capital LLC raised its holdings in 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 during the last quarter. PFG Investments LLC raised its holdings in 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 during the last quarter. Inscription Capital LLC raised its holdings in SPDR Portfolio High Yield Bond ETF by 1.5% during the third quarter. Inscription Capital LLC now owns 29,907 shares of the company’s stock worth $716,000 after buying an additional 454 shares during the last quarter. Finally, Cumberland Partners Ltd raised its holdings in 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 during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

SPHY opened at $23.45 on Monday. The company’s fifty day moving average price is $23.44 and its two-hundred day moving average price is $23.62. SPDR Portfolio High Yield Bond ETF has a 1-year low of $23.02 and a 1-year high of $23.99. The company has a market cap of $10.50 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39.

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.