Amicus Financial Advisors LLC acquired a new position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 29,573 shares of the company’s stock, valued at approximately $700,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Instrumental Wealth LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 5.5% during the fourth quarter. Instrumental Wealth LLC now owns 17,426 shares of the company’s stock valued at $414,000 after buying an additional 907 shares in the last quarter. Bauman Advisory Group LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter worth $515,000. WealthPoint Financial LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter worth $361,000. TMB Capital Partners LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at $561,000. Finally, Michels Family Financial LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 6.2% in the 4th quarter. Michels Family Financial LLC now owns 131,967 shares of the company’s stock valued at $3,124,000 after acquiring an additional 7,712 shares during the period.
SPDR Portfolio High Yield Bond ETF Stock Performance
NYSEARCA:SPHY opened at $23.44 on Friday. The firm has a market capitalization of $10.50 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. The firm’s fifty day simple moving average is $23.44 and its 200 day simple moving average is $23.55. SPDR Portfolio High Yield Bond ETF has a twelve month low of $23.02 and a twelve month 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.
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