Ariadne Wealth Management LP Increases Stock Holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Ariadne Wealth Management LP increased its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 7.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,363 shares of the company’s stock after acquiring an additional 907 shares during the period. Ariadne Wealth Management LP’s holdings in SPDR Portfolio High Yield Bond ETF were worth $293,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPHY. JPMorgan Chase & Co. increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 767.6% in the third quarter. JPMorgan Chase & Co. now owns 224,311 shares of the company’s stock worth $5,395,000 after purchasing an additional 198,457 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at about $200,000. AdvisorNet Financial Inc raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 18.2% in the 4th quarter. AdvisorNet Financial Inc now owns 2,897 shares of the company’s stock valued at $68,000 after acquiring an additional 447 shares in the last quarter. Arkadios Wealth Advisors boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 17.9% during the 4th quarter. Arkadios Wealth Advisors now owns 34,215 shares of the company’s stock valued at $803,000 after acquiring an additional 5,206 shares during the last quarter. Finally, Confluence Investment Management LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 3.6% during the fourth quarter. Confluence Investment Management LLC now owns 496,053 shares of the company’s stock worth $11,642,000 after purchasing an additional 17,118 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY opened at $23.60 on Tuesday. SPDR Portfolio High Yield Bond ETF has a 1-year low of $22.82 and a 1-year high of $24.07. The company has a market capitalization of $7.76 billion, a P/E ratio of 59.88 and a beta of 0.47. The firm’s 50 day simple moving average is $23.67 and its 200 day simple moving average is $23.71.

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.