J.W. Cole Advisors Inc. Buys New Position in SPDR Portfolio High Yield Bond ETF $SPHY

by · The Cerbat Gem

J.W. Cole Advisors Inc. bought a new stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 78,721 shares of the company’s stock, valued at approximately $1,874,000.

A number of other institutional investors also recently made changes to their positions in SPHY. Arkadios Wealth Advisors boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 101.0% in the first quarter. Arkadios Wealth Advisors now owns 68,769 shares of the company’s stock valued at $1,611,000 after acquiring an additional 34,554 shares in the last quarter. Hurlow Wealth Management Group Inc. boosted its stake in SPDR Portfolio High Yield Bond ETF by 6.9% during the 1st quarter. Hurlow Wealth Management Group Inc. now owns 162,919 shares of the company’s stock valued at $3,816,000 after purchasing an additional 10,548 shares in the last quarter. Cary Street Partners Financial LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 16.6% during the 1st quarter. Cary Street Partners Financial LLC now owns 100,649 shares of the company’s stock valued at $2,357,000 after purchasing an additional 14,360 shares during the period. iA Global Asset Management Inc. raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 81.0% in the 1st quarter. iA Global Asset Management Inc. now owns 995,570 shares of the company’s stock worth $23,316,000 after buying an additional 445,570 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 3.7% in the first quarter. Kohmann Bosshard Financial Services LLC now owns 897,362 shares of the company’s stock valued at $21,028,000 after buying an additional 32,310 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA:SPHY opened at $23.82 on Friday. The firm has a market cap of $10.05 billion, a P/E ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.21 and a 52-week high of $23.99. The business’s 50-day moving average price is $23.76 and its 200 day moving average price is $23.67.

About SPDR Portfolio High Yield Bond ETF

(Free Report)

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.

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