SPDR Portfolio High Yield Bond ETF $SPHY Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lessened its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 62.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,435 shares of the company’s stock after selling 26,840 shares during the period. Kingswood Wealth Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $371,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SPHY. Bright Futures Wealth Management LLC. boosted its stake in SPDR Portfolio High Yield Bond ETF by 3.1% in the third quarter. Bright Futures Wealth Management LLC. now owns 16,217 shares of the company’s stock valued at $366,000 after buying an additional 486 shares in the last quarter. Simplicity Wealth LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 7.1% in the 3rd quarter. Simplicity Wealth LLC now owns 298,661 shares of the company’s stock valued at $6,747,000 after purchasing an additional 19,871 shares in the last quarter. Carolina Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 5.9% in the 3rd quarter. Carolina Wealth Advisors LLC now owns 447,412 shares of the company’s stock valued at $10,107,000 after purchasing an additional 24,860 shares in the last quarter. Lantern Wealth Advisors LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1.8% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 96,114 shares of the company’s stock valued at $2,171,000 after purchasing an additional 1,730 shares during the last quarter. Finally, Rede Wealth LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 9.8% in the 3rd quarter. Rede Wealth LLC now owns 73,047 shares of the company’s stock valued at $1,650,000 after purchasing an additional 6,531 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $22.60 on Friday. The company’s 50 day moving average price is $22.82 and its two-hundred day moving average price is $23.29. The firm has a market capitalization of $11.84 billion, a P/E ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $22.32 and a fifty-two week high of $23.86.

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.