Balefire LLC Trims Stock Position in SPDR Portfolio High Yield Bond ETF $SPHY

Balefire LLC lowered its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 89.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,611 shares of the company’s stock after selling 89,724 shares during the period. Balefire LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $247,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Newbridge Financial Services Group Inc. boosted its holdings in SPDR Portfolio High Yield Bond ETF by 171.4% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after purchasing an additional 778 shares during the period. IFC & Insurance Marketing Inc. bought a new position in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter worth $38,000. Smartleaf Asset Management LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 301.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock worth $40,000 after purchasing an additional 1,262 shares during the period. Physician Wealth Advisors Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 54.7% in the first quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock worth $41,000 after buying an additional 623 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of SPDR Portfolio High Yield Bond ETF by 1,098.9% in the third quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock worth $52,000 after buying an additional 2,000 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA:SPHY opened at $23.32 on Wednesday. The firm has a market capitalization of $11.46 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 52-week low of $23.02 and a 52-week high of $23.99. The stock has a fifty day moving average of $23.37 and a 200 day moving average of $23.50.

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.