Little Harbor Advisors LLC cut its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 9.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 222,386 shares of the company’s stock after selling 22,150 shares during the quarter. SPDR Portfolio High Yield Bond ETF comprises 2.7% of Little Harbor Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Little Harbor Advisors LLC owned about 0.05% of SPDR Portfolio High Yield Bond ETF worth $5,264,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 7.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock valued at $260,000 after purchasing an additional 745 shares during the last quarter. NewEdge Advisors LLC boosted its position in SPDR Portfolio High Yield Bond ETF by 5.5% in the 2nd quarter. NewEdge Advisors LLC now owns 340,238 shares of the company’s stock valued at $8,098,000 after buying an additional 17,658 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in SPDR Portfolio High Yield Bond ETF by 0.6% in the second quarter. The Manufacturers Life Insurance Company now owns 903,301 shares of the company’s stock valued at $21,498,000 after purchasing an additional 5,169 shares during the period. EP Wealth Advisors LLC grew 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 buying an additional 4,198 shares in the last quarter. Finally, IHT Wealth Management LLC grew its holdings in SPDR Portfolio High Yield Bond ETF by 5.3% during the 2nd quarter. IHT Wealth Management LLC now owns 68,781 shares of the company’s stock worth $1,637,000 after acquiring an additional 3,481 shares in the last quarter.
SPDR Portfolio High Yield Bond ETF Price Performance
NYSEARCA:SPHY opened at $23.44 on Friday. The business’s fifty day moving average price is $23.44 and its 200 day moving average price is $23.55. The firm has a market capitalization of $10.50 billion, a PE ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 12 month low of $23.02 and a 12 month high of $23.99.
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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