Hilltop Partners LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 749,842 shares of the company’s stock after acquiring an additional 50,366 shares during the period. SPDR Portfolio High Yield Bond ETF accounts for about 6.0% of Hilltop Partners LLC’s investment portfolio, making the stock its 4th largest position. Hilltop Partners LLC owned 0.37% of SPDR Portfolio High Yield Bond ETF worth $17,599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also modified their holdings of the stock. AdvisorNet Financial Inc grew its position in SPDR Portfolio High Yield Bond ETF by 18.2% during the fourth quarter. AdvisorNet Financial Inc now owns 2,897 shares of the company’s stock valued at $68,000 after acquiring an additional 447 shares during the period. Continuum Advisory LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 4.1% during the 3rd quarter. Continuum Advisory LLC now owns 29,528 shares of the company’s stock worth $700,000 after purchasing an additional 1,162 shares during the period. Private Trust Co. NA grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 61.8% during the 3rd quarter. Private Trust Co. NA now owns 4,755 shares of the company’s stock worth $114,000 after purchasing an additional 1,817 shares during the period. Lynx Investment Advisory increased its position in SPDR Portfolio High Yield Bond ETF by 19.0% during the 3rd quarter. Lynx Investment Advisory now owns 12,334 shares of the company’s stock worth $297,000 after purchasing an additional 1,972 shares in the last quarter. Finally, Rogco LP raised its holdings in SPDR Portfolio High Yield Bond ETF by 2.3% in the fourth quarter. Rogco LP now owns 147,041 shares of the company’s stock valued at $3,451,000 after buying an additional 3,338 shares during the period.
SPDR Portfolio High Yield Bond ETF Stock Down 0.2 %
SPHY opened at $23.79 on Friday. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.82 and a 52-week high of $24.07. The company has a 50 day moving average of $23.65 and a two-hundred day moving average of $23.73. The company has a market cap of $7.30 billion, a P/E ratio of 60.70 and a beta of 0.46.
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.
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