Compound Planning Inc. Has $3.18 Million Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Compound Planning Inc. decreased its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 15.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 136,253 shares of the company’s stock after selling 25,544 shares during the quarter. Compound Planning Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $3,177,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in SPHY. Newbridge Financial Services Group Inc. raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 171.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after purchasing an additional 778 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the fourth quarter valued at approximately $38,000. Smartleaf Asset Management LLC grew its holdings in SPDR Portfolio High Yield Bond ETF by 301.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock worth $40,000 after buying an additional 1,262 shares in the last quarter. Physician Wealth Advisors Inc. grew its holdings in SPDR Portfolio High Yield Bond ETF by 54.7% during the first quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock worth $41,000 after buying an additional 623 shares in the last quarter. Finally, Allworth Financial LP raised its position in SPDR Portfolio High Yield Bond ETF by 1,098.9% in the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock valued at $52,000 after buying an additional 2,000 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Trading Down 0.1%

Shares of NYSEARCA:SPHY opened at $23.18 on Friday. The stock has a market cap of $11.42 billion, a PE ratio of 7.31 and a beta of 0.38. The stock’s fifty day simple moving average is $23.37 and its two-hundred day simple moving average is $23.49. SPDR Portfolio High Yield Bond ETF has a 1-year low of $23.02 and a 1-year high of $23.99.

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.