WCG Wealth Advisors LLC increased its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 24.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 50,452 shares of the company’s stock after buying an additional 9,760 shares during the quarter. WCG Wealth Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently made changes to their positions in the company. Vantage Financial Partners LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF during the 4th quarter worth about $936,000. Cullen Frost Bankers Inc. purchased a new stake in SPDR Portfolio High Yield Bond ETF in the second quarter valued at approximately $120,000. Appleton Partners Inc. MA boosted its position in SPDR Portfolio High Yield Bond ETF by 3.4% in the first quarter. Appleton Partners Inc. MA now owns 109,045 shares of the company’s stock valued at $2,558,000 after buying an additional 3,623 shares during the last quarter. Godshalk Welsh Capital Management Inc. increased its holdings in SPDR Portfolio High Yield Bond ETF by 36.4% in the 4th quarter. Godshalk Welsh Capital Management Inc. now owns 15,000 shares of the company’s stock worth $351,000 after buying an additional 4,000 shares during the period. Finally, Sunbelt Securities Inc. purchased a new position in SPDR Portfolio High Yield Bond ETF during the 1st quarter worth approximately $161,000.
SPDR Portfolio High Yield Bond ETF Price Performance
SPHY stock opened at $24.00 on Friday. The company has a market capitalization of $4.87 billion, a P/E ratio of 3.97 and a beta of 0.34. SPDR Portfolio High Yield Bond ETF has a 12 month low of $21.80 and a 12 month high of $24.06. The firm’s fifty day simple moving average is $23.61 and its 200-day simple moving average is $23.35.
SPDR Portfolio High Yield Bond ETF 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.
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Want to see what other hedge funds are holding SPHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report).
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