Atlas Private Wealth Advisors Sells 341,148 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Atlas Private Wealth Advisors lessened its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 46.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 395,229 shares of the company’s stock after selling 341,148 shares during the period. SPDR Portfolio High Yield Bond ETF makes up about 2.3% of Atlas Private Wealth Advisors’ holdings, making the stock its 16th biggest holding. Atlas Private Wealth Advisors owned 0.09% of SPDR Portfolio High Yield Bond ETF worth $9,462,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in SPHY. Newbridge Financial Services Group Inc. lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 171.4% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after acquiring an additional 778 shares during the last quarter. Alaska Permanent Capital Management LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 10,916.7% in the second quarter. Alaska Permanent Capital Management LLC now owns 1,322 shares of the company’s stock valued at $31,000 after acquiring an additional 1,310 shares during the last quarter. Fifth Third Bancorp purchased a new stake in SPDR Portfolio High Yield Bond ETF during the second quarter valued at about $50,000. Golden State Wealth Management LLC raised its position in SPDR Portfolio High Yield Bond ETF by 100.5% during the third quarter. Golden State Wealth Management LLC now owns 2,222 shares of the company’s stock valued at $53,000 after purchasing an additional 1,114 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 22.8% during the third quarter. CoreCap Advisors LLC now owns 3,381 shares of the company’s stock worth $81,000 after purchasing an additional 628 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Trading Up 0.1%

SPHY opened at $23.82 on Friday. The stock has a market capitalization of $10.51 billion, a P/E ratio of 7.31 and a beta of 0.39. The stock has a 50-day moving average price of $23.74 and a 200-day moving average price of $23.74. SPDR Portfolio High Yield Bond ETF has a 12-month low of $22.21 and a 12-month high of $23.99.

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.