Investment Research & Advisory Group Inc. Raises Stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Investment Research & Advisory Group Inc. increased its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 26.3% in the first quarter, HoldingsChannel.com reports. The firm owned 5,719 shares of the company’s stock after acquiring an additional 1,190 shares during the quarter. Investment Research & Advisory Group Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $134,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SPHY. Lynx Investment Advisory boosted its stake in SPDR Portfolio High Yield Bond ETF by 3.9% in the fourth quarter. Lynx Investment Advisory now owns 12,810 shares of the company’s stock valued at $301,000 after acquiring an additional 476 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 1.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 47,435 shares of the company’s stock valued at $1,113,000 after purchasing an additional 634 shares during the period. AdvisorNet Financial Inc grew its stake in SPDR Portfolio High Yield Bond ETF by 22.0% during the 1st quarter. AdvisorNet Financial Inc now owns 3,535 shares of the company’s stock worth $83,000 after buying an additional 638 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position in SPDR Portfolio High Yield Bond ETF by 2.8% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 25,090 shares of the company’s stock worth $588,000 after buying an additional 685 shares during the period. Finally, Ariadne Wealth Management LP increased its position in SPDR Portfolio High Yield Bond ETF by 7.9% in the 4th quarter. Ariadne Wealth Management LP now owns 12,363 shares of the company’s stock valued at $293,000 after acquiring an additional 907 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Up 0.1%

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.48 on Friday. The company’s 50-day simple moving average is $23.28 and its 200-day simple moving average is $23.45. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.21 and a 52-week high of $24.07. The firm has a market cap of $8.15 billion, a price-to-earnings ratio of 7.31 and a beta of 0.40.

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.