TSG Advice Partners LLC Acquires 761,824 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

TSG Advice Partners LLC bought a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the third quarter, Holdings Channel.com reports. The fund bought 761,824 shares of the company’s stock, valued at approximately $17,857,000. SPDR Portfolio High Yield Bond ETF comprises 2.4% of TSG Advice Partners LLC’s portfolio, making the stock its 14th biggest holding.

Other large investors have also recently bought and sold shares of the company. Bright Futures Wealth Management LLC. grew its position in SPDR Portfolio High Yield Bond ETF by 3.1% in the 3rd quarter. Bright Futures Wealth Management LLC. now owns 16,217 shares of the company’s stock worth $366,000 after purchasing an additional 486 shares during the last quarter. Pinnacle Bancorp Inc. increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 3.3% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 15,251 shares of the company’s stock worth $345,000 after purchasing an additional 488 shares during the period. Lynx Investment Advisory raised its position in shares of SPDR Portfolio High Yield Bond ETF by 3.4% during the third quarter. Lynx Investment Advisory now owns 17,375 shares of the company’s stock valued at $393,000 after buying an additional 579 shares during the last quarter. PMG Family Office LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 7.1% during the third quarter. PMG Family Office LLC now owns 11,026 shares of the company’s stock valued at $249,000 after buying an additional 729 shares during the last quarter. Finally, Atomic Invest LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 35.0% during the second quarter. Atomic Invest LLC now owns 2,844 shares of the company’s stock valued at $67,000 after buying an additional 737 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA SPHY opened at $22.43 on Tuesday. The firm has a 50-day simple moving average of $22.81 and a 200 day simple moving average of $23.29. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.32 and a twelve month high of $23.86. The stock has a market cap of $11.74 billion, a PE ratio of 7.31 and a beta of 0.39.

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.