Kohmann Bosshard Financial Services LLC Purchases 35,907 Shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Kohmann Bosshard Financial Services LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 865,052 shares of the company’s stock after purchasing an additional 35,907 shares during the quarter. SPDR Portfolio High Yield Bond ETF comprises approximately 2.4% of Kohmann Bosshard Financial Services LLC’s investment portfolio, making the stock its 10th largest holding. Kohmann Bosshard Financial Services LLC owned about 0.43% of SPDR Portfolio High Yield Bond ETF worth $20,303,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BlueStem Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter worth approximately $12,571,000. Confluence Investment Management LLC purchased a new stake in SPDR Portfolio High Yield Bond ETF in the 3rd quarter valued at $11,518,000. JPMorgan Chase & Co. lifted its stake in SPDR Portfolio High Yield Bond ETF by 767.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 224,311 shares of the company’s stock valued at $5,395,000 after acquiring an additional 198,457 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 58.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 431,178 shares of the company’s stock valued at $10,370,000 after acquiring an additional 158,959 shares in the last quarter. Finally, Constant Guidance Financial LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 278.6% during the 4th quarter. Constant Guidance Financial LLC now owns 99,014 shares of the company’s stock worth $2,324,000 after acquiring an additional 72,864 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY stock opened at $23.84 on Friday. SPDR Portfolio High Yield Bond ETF has a one year low of $22.82 and a one year high of $24.07. The company has a market cap of $7.32 billion, a P/E ratio of 60.70 and a beta of 0.46. The firm has a 50-day moving average of $23.66 and a 200-day moving average of $23.73.

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.