S&A Financial Services Inc. grew its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 6.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 514,269 shares of the company’s stock after purchasing an additional 30,954 shares during the period. SPDR Portfolio High Yield Bond ETF accounts for about 7.2% of S&A Financial Services Inc.’s portfolio, making the stock its 2nd largest holding. S&A Financial Services Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $11,617,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Bright Futures Wealth Management LLC. lifted its holdings in SPDR Portfolio High Yield Bond ETF by 3.1% during the 3rd quarter. Bright Futures Wealth Management LLC. now owns 16,217 shares of the company’s stock worth $366,000 after purchasing an additional 486 shares during the last quarter. Pinnacle Bancorp Inc. grew its holdings in SPDR Portfolio High Yield Bond ETF by 3.3% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 15,251 shares of the company’s stock valued at $345,000 after buying an additional 488 shares in the last quarter. Lynx Investment Advisory grew its holdings in SPDR Portfolio High Yield Bond ETF by 3.4% in the 3rd quarter. Lynx Investment Advisory now owns 17,375 shares of the company’s stock valued at $393,000 after buying an additional 579 shares in the last quarter. PMG Family Office LLC grew its holdings in SPDR Portfolio High Yield Bond ETF by 7.1% in the 3rd quarter. PMG Family Office LLC now owns 11,026 shares of the company’s stock valued at $249,000 after buying an additional 729 shares in the last quarter. Finally, Atomic Invest LLC increased its position in SPDR Portfolio High Yield Bond ETF by 35.0% during the 2nd quarter. Atomic Invest LLC now owns 2,844 shares of the company’s stock worth $67,000 after buying an additional 737 shares during the period.
SPDR Portfolio High Yield Bond ETF Price Performance
SPHY stock remained flat at $22.53 during trading hours on Friday. The company’s stock had a trading volume of 5,450,298 shares, compared to its average volume of 5,904,518. The firm has a market cap of $11.92 billion, a price-to-earnings ratio of 7.31 and a beta of 0.40. The firm has a 50 day moving average price of $22.74 and a 200-day moving average price of $23.26. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.32 and a 1 year high of $23.86.
About SPDR Portfolio High Yield Bond ETF
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.
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