SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) Shares Sold by Cahill Financial Advisors Inc.

Cahill Financial Advisors Inc. cut its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 6.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 43,328 shares of the company’s stock after selling 2,767 shares during the period. Cahill Financial Advisors Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,017,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in SPHY. AdvisorNet Financial Inc boosted its position in SPDR Portfolio High Yield Bond ETF by 18.2% during the 4th quarter. AdvisorNet Financial Inc now owns 2,897 shares of the company’s stock worth $68,000 after acquiring an additional 447 shares during the period. Lynx Investment Advisory lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 3.9% in the 4th quarter. Lynx Investment Advisory now owns 12,810 shares of the company’s stock worth $301,000 after acquiring an additional 476 shares during the period. Creative Financial Designs Inc. ADV boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 47,435 shares of the company’s stock valued at $1,113,000 after acquiring an additional 634 shares in the last quarter. Ariadne Wealth Management LP boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 7.9% in the fourth quarter. Ariadne Wealth Management LP now owns 12,363 shares of the company’s stock valued at $293,000 after acquiring an additional 907 shares in the last quarter. Finally, Private Trust Co. NA increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 21.0% during the fourth quarter. Private Trust Co. NA now owns 5,755 shares of the company’s stock valued at $135,000 after acquiring an additional 1,000 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Down 0.1 %

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.16 on Tuesday. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $22.21 and a fifty-two week high of $24.07. The firm has a market cap of $7.70 billion, a price-to-earnings ratio of 10.75 and a beta of 0.40. The business has a fifty day simple moving average of $23.23 and a 200-day simple moving average of $23.53.

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.