Nwam LLC Raises Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Nwam LLC grew its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 87.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 54,916 shares of the company’s stock after acquiring an additional 25,682 shares during the quarter. Nwam LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,287,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SPHY. MCF Advisors LLC boosted its stake in SPDR Portfolio High Yield Bond ETF by 0.4% during the 4th quarter. MCF Advisors LLC now owns 119,148 shares of the company’s stock worth $2,820,000 after purchasing an additional 509 shares during the period. BlueStem Wealth Partners LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 4.6% in the fourth quarter. BlueStem Wealth Partners LLC now owns 12,246 shares of the company’s stock valued at $290,000 after purchasing an additional 540 shares during the period. Laurel Oak Wealth Management LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 4.9% in the first quarter. Laurel Oak Wealth Management LLC now owns 13,152 shares of the company’s stock valued at $307,000 after buying an additional 609 shares during the last quarter. Portland Financial Advisors Inc raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 3.1% in the fourth quarter. Portland Financial Advisors Inc now owns 20,286 shares of the company’s stock valued at $480,000 after buying an additional 618 shares during the last quarter. Finally, Physician Wealth Advisors Inc. boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 54.7% during the first quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock worth $41,000 after buying an additional 623 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

SPHY opened at $23.14 on Thursday. The business has a 50 day moving average price of $23.30 and a two-hundred day moving average price of $23.39. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week high of $23.99. The company has a market cap of $11.57 billion, a PE ratio of 7.31 and a beta of 0.38.

SPDR Portfolio High Yield Bond ETF 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.