Financial Life Advisors Has $7.89 Million Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Financial Life Advisors lifted its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 23.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 329,370 shares of the company’s stock after acquiring an additional 61,887 shares during the quarter. SPDR Portfolio High Yield Bond ETF makes up approximately 2.5% of Financial Life Advisors’ portfolio, making the stock its 14th biggest position. Financial Life Advisors owned 0.08% of SPDR Portfolio High Yield Bond ETF worth $7,885,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Index Fund Advisors Inc. increased its holdings in SPDR Portfolio High Yield Bond ETF by 0.9% in the 3rd quarter. Index Fund Advisors Inc. now owns 47,243 shares of the company’s stock worth $1,131,000 after purchasing an additional 421 shares in the last quarter. Inscription Capital LLC grew its holdings in shares of 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 purchasing an additional 454 shares during the last quarter. Bank of Montreal Can increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 5.4% in the second quarter. Bank of Montreal Can now owns 10,180 shares of the company’s stock valued at $242,000 after buying an additional 525 shares during the period. Trilogy Capital Inc. raised its holdings in SPDR Portfolio High Yield Bond ETF by 2.0% in the 3rd quarter. Trilogy Capital Inc. now owns 29,075 shares of the company’s stock valued at $696,000 after buying an additional 570 shares during the last quarter. Finally, Investment Research & Advisory Group Inc. boosted its position in SPDR Portfolio High Yield Bond ETF by 3.5% during the 3rd quarter. Investment Research & Advisory Group Inc. now owns 17,308 shares of the company’s stock worth $414,000 after buying an additional 590 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

SPHY opened at $23.79 on Friday. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $22.21 and a fifty-two week high of $23.99. The company’s 50 day moving average price is $23.73 and its two-hundred day moving average price is $23.74. The firm has a market capitalization of $10.50 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39.

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.