Proficio Capital Partners LLC Makes New Investment in SPDR Portfolio High Yield Bond ETF $SPHY

Proficio Capital Partners LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 46,575 shares of the company’s stock, valued at approximately $1,092,000.

Other hedge funds also recently modified their holdings of the company. Integrated Wealth Concepts LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 7.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock valued at $260,000 after acquiring an additional 745 shares during the period. NewEdge Advisors LLC grew its holdings in SPDR Portfolio High Yield Bond ETF by 5.5% in 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 grew 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 worth $21,498,000 after purchasing an additional 5,169 shares during the period. EP Wealth Advisors LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 71.2% in the second quarter. EP Wealth Advisors LLC now owns 10,094 shares of the company’s stock valued at $240,000 after purchasing an additional 4,198 shares in the last quarter. Finally, IHT Wealth Management LLC raised its holdings 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 valued at $1,637,000 after purchasing an additional 3,481 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

SPHY stock opened at $23.14 on Wednesday. The stock has a market capitalization of $11.57 billion, a PE ratio of 7.31 and a beta of 0.38. The company’s 50-day moving average is $23.31 and its 200-day moving average is $23.39. SPDR Portfolio High Yield Bond ETF has a 1 year low of $23.02 and a 1 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.