Caitlin John LLC cut its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 10.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 93,043 shares of the company’s stock after selling 10,349 shares during the quarter. SPDR Portfolio High Yield Bond ETF makes up approximately 1.4% of Caitlin John LLC’s portfolio, making the stock its 13th biggest holding. Caitlin John LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,184,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. AdvisorNet Financial Inc increased its stake in SPDR Portfolio High Yield Bond ETF by 18.2% in the 4th quarter. AdvisorNet Financial Inc now owns 2,897 shares of the company’s stock valued at $68,000 after purchasing an additional 447 shares in the last quarter. NBC Securities Inc. grew its holdings in SPDR Portfolio High Yield Bond ETF by 8.0% in 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. Continuum Advisory LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 4.1% in the third quarter. Continuum Advisory LLC now owns 29,528 shares of the company’s stock valued at $700,000 after buying an additional 1,162 shares in the last quarter. Private Trust Co. NA raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 61.8% during the 3rd quarter. Private Trust Co. NA now owns 4,755 shares of the company’s stock worth $114,000 after buying an additional 1,817 shares during the last quarter. Finally, Lynx Investment Advisory boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 19.0% in the 3rd quarter. Lynx Investment Advisory now owns 12,334 shares of the company’s stock worth $297,000 after buying an additional 1,972 shares in the last quarter.
SPDR Portfolio High Yield Bond ETF Trading Up 0.3 %
NYSEARCA:SPHY opened at $23.74 on Thursday. The company has a market capitalization of $4.82 billion, a P/E ratio of 3.97 and a beta of 0.34. The firm has a 50-day moving average price of $23.65 and a two-hundred day moving average price of $23.70. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.82 and a twelve month high of $24.07.
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.
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