Fiduciary Alliance LLC Purchases 8,794 Shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Fiduciary Alliance LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 13.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,259 shares of the company’s stock after purchasing an additional 8,794 shares during the period. Fiduciary Alliance LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,762,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of SPHY. Ashton Thomas Private Wealth LLC acquired a new position in SPDR Portfolio High Yield Bond ETF in the second quarter valued at approximately $111,000. Cullen Frost Bankers Inc. acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at $120,000. Massmutual Trust Co. FSB ADV boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 625.8% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 6,460 shares of the company’s stock worth $155,000 after purchasing an additional 5,570 shares during the last quarter. Sunbelt Securities Inc. acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the first quarter worth $161,000. Finally, Lynx Investment Advisory bought a new stake in SPDR Portfolio High Yield Bond ETF in the second quarter valued at about $241,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

SPHY traded down $0.02 during midday trading on Monday, reaching $23.77. 810,790 shares of the company were exchanged, compared to its average volume of 3,296,416. The stock has a market capitalization of $4.82 billion, a P/E ratio of 3.97 and a beta of 0.34. SPDR Portfolio High Yield Bond ETF has a one year low of $21.80 and a one year high of $24.07. The stock’s 50-day simple moving average is $23.74 and its 200 day simple moving average is $23.41.

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.