SPDR Portfolio High Yield Bond ETF $SPHY Position Cut by Little Harbor Advisors LLC

Little Harbor Advisors LLC trimmed its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 9.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 222,386 shares of the company’s stock after selling 22,150 shares during the quarter. SPDR Portfolio High Yield Bond ETF makes up about 2.7% of Little Harbor Advisors LLC’s holdings, making the stock its 3rd biggest position. Little Harbor Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $5,264,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SPHY. Newbridge Financial Services Group Inc. increased its holdings 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 valued at $29,000 after purchasing an additional 778 shares during the period. IFC & Insurance Marketing Inc. purchased a new position in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at about $38,000. Smartleaf Asset Management LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 301.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock valued at $40,000 after acquiring an additional 1,262 shares during the period. Allworth Financial LP raised its holdings in SPDR Portfolio High Yield Bond ETF by 1,098.9% during the third quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock worth $52,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Arax Advisory Partners acquired a new position in shares of SPDR Portfolio High Yield Bond ETF during the 4th quarter worth $53,000.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of NYSEARCA SPHY opened at $23.44 on Friday. SPDR Portfolio High Yield Bond ETF has a 12-month low of $23.02 and a 12-month high of $23.99. The firm’s 50-day moving average is $23.44 and its two-hundred day moving average is $23.55. The company has a market capitalization of $10.50 billion, a PE ratio of 7.31 and a beta of 0.38.

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.