Kestra Advisory Services LLC Has $5.23 Million Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Kestra Advisory Services LLC grew its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 19.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,108 shares of the company’s stock after acquiring an additional 37,037 shares during the period. Kestra Advisory Services LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $5,226,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Newbridge Financial Services Group Inc. boosted its position in SPDR Portfolio High Yield Bond ETF by 171.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after purchasing an additional 778 shares during the last quarter. IFC & Insurance Marketing Inc. acquired a new position in shares of SPDR Portfolio High Yield Bond ETF during the 4th quarter worth approximately $38,000. Smartleaf Asset Management LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 301.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock worth $40,000 after purchasing an additional 1,262 shares during the last quarter. Physician Wealth Advisors Inc. raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 54.7% during the 1st quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock worth $41,000 after purchasing an additional 623 shares in the last quarter. Finally, Allworth Financial LP raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 1,098.9% during the 3rd 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.

SPDR Portfolio High Yield Bond ETF Trading Up 0.2%

NYSEARCA SPHY opened at $23.36 on Thursday. SPDR Portfolio High Yield Bond ETF has a 12 month low of $23.02 and a 12 month high of $23.99. The stock has a 50 day moving average of $23.38 and a 200-day moving average of $23.51. The company has a market cap of $11.43 billion, a PE ratio of 7.31 and a beta of 0.38.

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.