Bank of Jackson Hole Trust Takes $86,000 Position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Bank of Jackson Hole Trust bought a new stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,672 shares of the company’s stock, valued at approximately $86,000.

Other institutional investors have also recently modified their holdings of the company. BTS Asset Management Inc. bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 3rd quarter worth $510,000. Arkadios Wealth Advisors increased its holdings in SPDR Portfolio High Yield Bond ETF by 114.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 29,009 shares of the company’s stock worth $698,000 after purchasing an additional 15,473 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 58.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 431,178 shares of the company’s stock worth $10,370,000 after purchasing an additional 158,959 shares in the last quarter. Cary Street Partners Asset Management LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 13.4% in the 3rd quarter. Cary Street Partners Asset Management LLC now owns 53,812 shares of the company’s stock worth $1,294,000 after purchasing an additional 6,340 shares in the last quarter. Finally, Confluence Investment Management LLC acquired a new position in SPDR Portfolio High Yield Bond ETF in the 3rd quarter worth about $11,518,000.

SPDR Portfolio High Yield Bond ETF Stock Up 0.0 %

Shares of SPHY opened at $23.75 on Thursday. SPDR Portfolio High Yield Bond ETF has a 12-month low of $22.82 and a 12-month high of $24.07. The business has a 50-day simple moving average of $23.63 and a two-hundred day simple moving average of $23.71. The stock has a market cap of $4.82 billion, a PE ratio of 3.97 and a beta of 0.34.

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.