Continuum Advisory LLC Has $808,000 Stock Position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Continuum Advisory LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 16.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,412 shares of the company’s stock after buying an additional 4,884 shares during the quarter. Continuum Advisory LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $808,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Providence First Trust Co bought a new position in SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at approximately $47,000. OLD Point Trust & Financial Services N A acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the fourth quarter worth $57,000. Bank of Jackson Hole Trust bought a new stake in SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at $86,000. Investment Research & Advisory Group Inc. boosted its stake in SPDR Portfolio High Yield Bond ETF by 9,964.4% in the 4th quarter. Investment Research & Advisory Group Inc. now owns 4,529 shares of the company’s stock worth $106,000 after purchasing an additional 4,484 shares during the period. Finally, Private Trust Co. NA increased its holdings in SPDR Portfolio High Yield Bond ETF by 21.0% during the 4th quarter. Private Trust Co. NA now owns 5,755 shares of the company’s stock worth $135,000 after purchasing an additional 1,000 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

SPHY opened at $23.29 on Thursday. The company has a market capitalization of $7.75 billion, a price-to-earnings ratio of 7.31 and a beta of 0.40. The business’s 50-day moving average price is $23.17 and its two-hundred day moving average price is $23.50. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.21 and a 1 year high of $24.07.

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.