Appleton Partners Inc. MA Increases Stock Position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Appleton Partners Inc. MA raised its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 3.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 120,319 shares of the company’s stock after purchasing an additional 3,721 shares during the period. Appleton Partners Inc. MA owned approximately 0.06% of SPDR Portfolio High Yield Bond ETF worth $2,824,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SPHY. AdvisorNet Financial Inc boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 18.2% during the fourth quarter. AdvisorNet Financial Inc now owns 2,897 shares of the company’s stock valued at $68,000 after buying an additional 447 shares during the last quarter. Investment Research & Advisory Group Inc. boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 9,964.4% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 4,529 shares of the company’s stock valued at $106,000 after acquiring an additional 4,484 shares during the last quarter. Private Trust Co. NA grew its stake in shares of SPDR Portfolio High Yield Bond ETF by 61.8% in the third quarter. Private Trust Co. NA now owns 4,755 shares of the company’s stock worth $114,000 after acquiring an additional 1,817 shares during the period. Janney Montgomery Scott LLC bought a new stake in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter worth approximately $200,000. Finally, NBC Securities Inc. raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 8.0% during the third quarter. NBC Securities Inc. now owns 9,670 shares of the company’s stock valued at $232,000 after purchasing an additional 718 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Trading Down 0.3 %

Shares of SPHY stock opened at $23.65 on Friday. SPDR Portfolio High Yield Bond ETF has a 12-month low of $22.82 and a 12-month high of $24.07. The stock has a market capitalization of $4.80 billion, a P/E ratio of 3.97 and a beta of 0.34. The firm’s 50 day moving average is $23.65 and its 200 day moving average is $23.70.

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.