SAM Advisors LLC Buys 27,768 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

SAM Advisors LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 4.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 646,434 shares of the company’s stock after acquiring an additional 27,768 shares during the period. SPDR Portfolio High Yield Bond ETF accounts for approximately 5.3% of SAM Advisors LLC’s portfolio, making the stock its 5th biggest holding. SAM Advisors LLC owned 0.17% of SPDR Portfolio High Yield Bond ETF worth $15,385,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Golden State Wealth Management LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 193.0% during the first quarter. Golden State Wealth Management LLC now owns 1,415 shares of the company’s stock valued at $33,000 after acquiring an additional 932 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 122.8% during the first quarter. Bank of New York Mellon Corp now owns 95,601 shares of the company’s stock valued at $2,239,000 after acquiring an additional 52,690 shares during the last quarter. Cornerstone Enterprises LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 1.7% during the second quarter. Cornerstone Enterprises LLC now owns 1,714,236 shares of the company’s stock valued at $40,799,000 after acquiring an additional 29,303 shares during the last quarter. MGO Private Wealth LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the second quarter valued at $396,000. Finally, WCG Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 12.7% during the first quarter. WCG Wealth Advisors LLC now owns 57,045 shares of the company’s stock valued at $1,336,000 after acquiring an additional 6,449 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Up 0.2%

SPHY opened at $23.78 on Friday. The firm has a market cap of $9.61 billion, a P/E ratio of 7.31 and a beta of 0.42. SPDR Portfolio High Yield Bond ETF has a 52 week low of $22.21 and a 52 week high of $23.99. The business’s fifty day simple moving average is $23.80 and its 200 day simple moving average is $23.52.

About SPDR Portfolio High Yield Bond ETF

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.