HF Advisory Group LLC Acquires 51,842 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

HF Advisory Group LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 27.6% in the 4th quarter, HoldingsChannel reports. The firm owned 239,760 shares of the company’s stock after acquiring an additional 51,842 shares during the quarter. HF Advisory Group LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $5,675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. Bank of America Corp DE increased its holdings in SPDR Portfolio High Yield Bond ETF by 10.5% during the third quarter. Bank of America Corp DE now owns 44,649,901 shares of the company’s stock worth $1,068,919,000 after buying an additional 4,256,596 shares during the last quarter. Sei Investments Co. boosted its stake in SPDR Portfolio High Yield Bond ETF by 6.3% in the third quarter. Sei Investments Co. now owns 17,822,858 shares of the company’s stock valued at $426,678,000 after acquiring an additional 1,053,670 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in SPDR Portfolio High Yield Bond ETF by 34.6% in the third quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock valued at $207,971,000 after acquiring an additional 2,232,954 shares during the last quarter. Vantagepoint Investment Advisers LLC grew its position in shares of SPDR Portfolio High Yield Bond ETF by 1.3% during the 3rd quarter. Vantagepoint Investment Advisers LLC now owns 7,564,670 shares of the company’s stock valued at $181,098,000 after acquiring an additional 95,000 shares during the period. Finally, GRIMES & Co WEALTH MANAGEMENT LLC grew its position in shares of SPDR Portfolio High Yield Bond ETF by 2.7% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 7,200,554 shares of the company’s stock valued at $172,381,000 after acquiring an additional 186,060 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Down 0.3%

NYSEARCA:SPHY opened at $23.24 on Thursday. The stock has a market capitalization of $10.28 billion, a PE ratio of 7.31 and a beta of 0.39. The firm’s 50 day moving average is $23.55 and its 200 day moving average is $23.68. SPDR Portfolio High Yield Bond ETF has a 12 month low of $22.21 and a 12 month 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.