Bauman Advisory Group LLC Makes New $515,000 Investment in SPDR Portfolio High Yield Bond ETF $SPHY

Bauman Advisory Group LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 21,760 shares of the company’s stock, valued at approximately $515,000.

Several other large investors also recently modified their holdings of the stock. Newbridge Financial Services Group Inc. boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 171.4% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after buying an additional 778 shares during the period. IFC & Insurance Marketing Inc. acquired a new position in SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at about $38,000. Smartleaf Asset Management LLC raised its holdings in SPDR Portfolio High Yield Bond ETF by 301.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock valued at $40,000 after acquiring an additional 1,262 shares during the period. Allworth Financial LP raised its holdings in SPDR Portfolio High Yield Bond ETF by 1,098.9% in the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock valued at $52,000 after acquiring an additional 2,000 shares during the period. Finally, Arax Advisory Partners acquired a new stake in SPDR Portfolio High Yield Bond ETF during the fourth quarter worth approximately $53,000.

SPDR Portfolio High Yield Bond ETF Stock Up 0.3%

Shares of NYSEARCA:SPHY opened at $23.44 on Friday. SPDR Portfolio High Yield Bond ETF has a 12-month low of $23.02 and a 12-month high of $23.99. The stock has a market cap of $10.50 billion, a PE ratio of 7.31 and a beta of 0.38. The business has a 50 day moving average of $23.44 and a 200-day moving average of $23.55.

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.