Kingsview Wealth Management LLC Has $1.69 Million Position in SPDR Portfolio High Yield Bond ETF $SPHY

Kingsview Wealth Management LLC grew its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 180.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 71,489 shares of the company’s stock after purchasing an additional 46,043 shares during the quarter. Kingsview Wealth Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,692,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of SPHY. Newbridge Financial Services Group Inc. boosted its stake in SPDR Portfolio High Yield Bond ETF by 171.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after purchasing an additional 778 shares in the last quarter. Fourth Dimension Wealth LLC boosted its stake in SPDR Portfolio High Yield Bond ETF by 89.2% in the third quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock worth $32,000 after purchasing an additional 633 shares in the last quarter. Allworth Financial LP boosted its stake in 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 purchasing an additional 2,000 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in SPDR Portfolio High Yield Bond ETF by 100.5% in the third quarter. Golden State Wealth Management LLC now owns 2,222 shares of the company’s stock worth $53,000 after purchasing an additional 1,114 shares in the last quarter. Finally, Elevated Capital Advisors LLC acquired a new position in SPDR Portfolio High Yield Bond ETF in the fourth quarter worth $67,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

SPDR Portfolio High Yield Bond ETF stock opened at $23.53 on Monday. The firm has a market cap of $10.54 billion, a P/E ratio of 7.31 and a beta of 0.38. The business’s fifty day moving average is $23.41 and its two-hundred day moving average is $23.58. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week high of $23.99.

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.