Arkadios Wealth Advisors Purchases 5,206 Shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Arkadios Wealth Advisors lifted its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 17.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 34,215 shares of the company’s stock after buying an additional 5,206 shares during the period. Arkadios Wealth Advisors’ holdings in SPDR Portfolio High Yield Bond ETF were worth $803,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SPHY. AdvisorNet Financial Inc increased its position in SPDR Portfolio High Yield Bond ETF by 18.2% during the 4th quarter. AdvisorNet Financial Inc now owns 2,897 shares of the company’s stock valued at $68,000 after purchasing an additional 447 shares during the period. Private Trust Co. NA boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 61.8% during the third quarter. Private Trust Co. NA now owns 4,755 shares of the company’s stock valued at $114,000 after purchasing an additional 1,817 shares in the last quarter. Massmutual Trust Co. FSB ADV increased its holdings in SPDR Portfolio High Yield Bond ETF by 625.8% during the third quarter. Massmutual Trust Co. FSB ADV now owns 6,460 shares of the company’s stock valued at $155,000 after buying an additional 5,570 shares during the period. NBC Securities Inc. raised its stake in SPDR Portfolio High Yield Bond ETF by 8.0% in the third quarter. NBC Securities Inc. now owns 9,670 shares of the company’s stock worth $232,000 after buying an additional 718 shares in the last quarter. Finally, Pinnacle Bancorp Inc. lifted its holdings in SPDR Portfolio High Yield Bond ETF by 25.9% during the third quarter. Pinnacle Bancorp Inc. now owns 11,990 shares of the company’s stock worth $288,000 after buying an additional 2,470 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:SPHY opened at $23.72 on Tuesday. The company has a market capitalization of $4.81 billion, a PE ratio of 3.97 and a beta of 0.34. SPDR Portfolio High Yield Bond ETF has a 12-month low of $22.82 and a 12-month high of $24.07. The business’s fifty day simple moving average is $23.66 and its 200-day simple moving average is $23.66.

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.