Hilltop Partners LLC Has $13.02 Million Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Hilltop Partners LLC grew its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 4.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 549,959 shares of the company’s stock after acquiring an additional 21,452 shares during the quarter. SPDR Portfolio High Yield Bond ETF comprises approximately 3.4% of Hilltop Partners LLC’s portfolio, making the stock its 6th biggest position. Hilltop Partners LLC owned approximately 0.12% of SPDR Portfolio High Yield Bond ETF worth $13,018,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. HF Advisory Group LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 11.5% during the fourth quarter. HF Advisory Group LLC now owns 209,470 shares of the company’s stock valued at $4,958,000 after acquiring an additional 21,552 shares in the last quarter. 49 Wealth Management LLC bought a new position in shares of SPDR Portfolio High Yield Bond ETF during the third quarter valued at $5,749,000. Financial Advisory Partners LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 8.1% during the fourth quarter. Financial Advisory Partners LLC now owns 449,158 shares of the company’s stock valued at $10,632,000 after acquiring an additional 33,785 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 19.6% during the third quarter. Envestnet Asset Management Inc. now owns 3,675,220 shares of the company’s stock valued at $87,985,000 after acquiring an additional 602,997 shares in the last quarter. Finally, Diversified Enterprises LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 17.5% during the fourth quarter. Diversified Enterprises LLC now owns 148,109 shares of the company’s stock valued at $3,506,000 after acquiring an additional 22,053 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of NYSEARCA:SPHY opened at $23.53 on Friday. SPDR Portfolio High Yield Bond ETF has a 1-year low of $23.02 and a 1-year high of $23.99. The business has a fifty day moving average price of $23.41 and a 200-day moving average price of $23.58. The company has a market capitalization of $10.54 billion, a PE ratio of 7.31 and a beta of 0.38.

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.