Sunesis Advisors LLC Sells 51,562 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Sunesis Advisors LLC reduced its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 61.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,395 shares of the company’s stock after selling 51,562 shares during the period. Sunesis Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $767,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Aurora Private Wealth Inc. acquired a new position in shares of SPDR Portfolio High Yield Bond ETF during the fourth quarter valued at about $2,234,000. Benjamin Edwards Inc. increased its position in shares of SPDR Portfolio High Yield Bond ETF by 7.9% during the fourth quarter. Benjamin Edwards Inc. now owns 1,192,956 shares of the company’s stock worth $28,235,000 after acquiring an additional 87,374 shares in the last quarter. LVZ Inc. bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the fourth quarter worth about $1,896,000. Sandro Wealth Management LLC bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the fourth quarter worth about $365,000. Finally, Horizon Investments LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 12.3% during the fourth quarter. Horizon Investments LLC now owns 1,543,732 shares of the company’s stock worth $36,540,000 after acquiring an additional 169,168 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA:SPHY opened at $23.45 on Friday. The firm has a 50-day moving average of $23.44 and a 200-day moving average of $23.63. The company has a market cap of $10.50 billion, a PE ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a one year low of $23.02 and a one year high of $23.99.

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.