SageView Advisory Group LLC Has $32.13 Million Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

SageView Advisory Group LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 20.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,341,992 shares of the company’s stock after purchasing an additional 224,458 shares during the quarter. SPDR Portfolio High Yield Bond ETF accounts for approximately 1.1% of SageView Advisory Group LLC’s investment portfolio, making the stock its 13th largest position. SageView Advisory Group LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $32,127,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SPHY. Franklin Resources Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 148,527.0% in the 3rd quarter. Franklin Resources Inc. now owns 1,093,895 shares of the company’s stock valued at $26,188,000 after buying an additional 1,093,159 shares in the last quarter. Winthrop Capital Management LLC boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 0.3% during the 3rd quarter. Winthrop Capital Management LLC now owns 276,940 shares of the company’s stock worth $6,630,000 after acquiring an additional 866 shares in the last quarter. SMH Capital Advisors Inc. increased its stake in SPDR Portfolio High Yield Bond ETF by 222.6% in the third quarter. SMH Capital Advisors Inc. now owns 200,000 shares of the company’s stock valued at $4,760,000 after acquiring an additional 138,000 shares during the last quarter. Private Advisor Group LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 60.3% in the third quarter. Private Advisor Group LLC now owns 182,095 shares of the company’s stock valued at $4,359,000 after acquiring an additional 68,533 shares during the last quarter. Finally, Diversify Advisory Services LLC raised its position in SPDR Portfolio High Yield Bond ETF by 33.7% during the third quarter. Diversify Advisory Services LLC now owns 376,156 shares of the company’s stock valued at $8,874,000 after purchasing an additional 94,725 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA SPHY opened at $23.45 on Wednesday. The business has a fifty day moving average price of $23.72 and a two-hundred day moving average price of $23.74. The stock has a market capitalization of $10.37 billion, a PE ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $22.21 and a fifty-two week high of $23.99.

SPDR Portfolio High Yield Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.1396 dividend. This represents a c) annualized dividend and a yield of 7.1%. This is a boost from SPDR Portfolio High Yield Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, March 2nd.

SPDR Portfolio High Yield Bond ETF 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.