Perigon Wealth Management LLC Cuts Stock Position in SPDR Portfolio High Yield Bond ETF $SPHY

Perigon Wealth Management LLC lessened its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 21.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 163,054 shares of the company’s stock after selling 43,779 shares during the quarter. Perigon Wealth Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $3,881,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Creative Financial Designs Inc. ADV raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 1.1% during the first quarter. Creative Financial Designs Inc. ADV now owns 47,948 shares of the company’s stock worth $1,123,000 after purchasing an additional 513 shares during the last quarter. Fifth Third Securities Inc. raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 2.3% during the first quarter. Fifth Third Securities Inc. now owns 26,523 shares of the company’s stock worth $621,000 after purchasing an additional 606 shares during the last quarter. AdvisorNet Financial Inc raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 22.0% during the first quarter. AdvisorNet Financial Inc now owns 3,535 shares of the company’s stock worth $83,000 after purchasing an additional 638 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 2.8% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 25,090 shares of the company’s stock worth $588,000 after purchasing an additional 685 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 7.2% during the first quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock worth $260,000 after purchasing an additional 745 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA:SPHY opened at $23.88 on Friday. The stock has a fifty day moving average price of $23.77 and a two-hundred day moving average price of $23.49. The stock has a market capitalization of $9.21 billion, a price-to-earnings ratio of 7.31 and a beta of 0.42. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.21 and a 1 year high of $24.07.

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.