SPDR Portfolio High Yield Bond ETF $SPHY Shares Sold by Wealth Forward LLC

Wealth Forward LLC trimmed its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 54.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 106,896 shares of the company’s stock after selling 127,419 shares during the period. SPDR Portfolio High Yield Bond ETF accounts for 1.1% of Wealth Forward LLC’s investment portfolio, making the stock its 21st biggest holding. Wealth Forward LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,415,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. NEOS Investment Management LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the second quarter worth $69,777,000. Ocean Park Asset Management LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 53.4% during the second quarter. Ocean Park Asset Management LLC now owns 6,080,823 shares of the company’s stock valued at $142,534,000 after buying an additional 2,116,024 shares in the last quarter. Envestnet Asset Management Inc. raised its position in SPDR Portfolio High Yield Bond ETF by 37.5% during the second quarter. Envestnet Asset Management Inc. now owns 6,981,977 shares of the company’s stock valued at $163,658,000 after buying an additional 1,903,466 shares during the period. Cetera Investment Advisers raised its position in SPDR Portfolio High Yield Bond ETF by 68.1% during the first quarter. Cetera Investment Advisers now owns 3,556,254 shares of the company’s stock valued at $82,932,000 after buying an additional 1,441,014 shares during the period. Finally, Sei Investments Co. lifted its stake in SPDR Portfolio High Yield Bond ETF by 5.7% in the 1st quarter. Sei Investments Co. now owns 19,832,325 shares of the company’s stock worth $462,499,000 after acquiring an additional 1,061,796 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

SPDR Portfolio High Yield Bond ETF stock traded down $0.10 during mid-day trading on Wednesday, hitting $22.43. The company’s stock had a trading volume of 2,445,796 shares, compared to its average volume of 5,871,357. The firm’s 50 day moving average is $23.02 and its 200 day moving average is $23.25. The company has a market cap of $11.78 billion, a PE ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.32 and a 52-week high of $23.95.

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.