HF Advisory Group LLC Buys 24,023 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

HF Advisory Group LLC grew its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 10.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 253,222 shares of the company’s stock after purchasing an additional 24,023 shares during the period. SPDR Portfolio High Yield Bond ETF makes up approximately 1.8% of HF Advisory Group LLC’s holdings, making the stock its 6th largest holding. HF Advisory Group LLC owned approximately 0.05% of SPDR Portfolio High Yield Bond ETF worth $5,936,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Sei Investments Co. boosted its stake in SPDR Portfolio High Yield Bond ETF by 5.7% in the 1st quarter. Sei Investments Co. now owns 19,832,325 shares of the company’s stock valued at $462,499,000 after buying an additional 1,061,796 shares in the last quarter. LPL Financial LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 12.3% during the fourth quarter. LPL Financial LLC now owns 8,802,613 shares of the company’s stock worth $208,358,000 after acquiring an additional 967,530 shares in the last quarter. Ameriprise Financial Inc. raised its stake in SPDR Portfolio High Yield Bond ETF by 34.6% during the third quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock worth $207,971,000 after acquiring an additional 2,232,954 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 0.6% during the fourth quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 7,246,584 shares of the company’s stock valued at $171,527,000 after acquiring an additional 46,030 shares during the period. Finally, US Bancorp DE lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 14.8% during the fourth quarter. US Bancorp DE now owns 6,510,583 shares of the company’s stock valued at $154,106,000 after acquiring an additional 841,165 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of NYSEARCA:SPHY opened at $23.28 on Friday. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week high of $23.99. The company’s fifty day moving average is $23.33 and its 200-day moving average is $23.45. The company has a market capitalization of $11.64 billion, a PE ratio of 7.31 and a beta of 0.38.

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.