SPDR Portfolio High Yield Bond ETF $SPHY Shares Bought by Moller Wealth Partners

Moller Wealth Partners grew its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 29.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 184,087 shares of the company’s stock after acquiring an additional 42,378 shares during the period. SPDR Portfolio High Yield Bond ETF makes up approximately 0.9% of Moller Wealth Partners’ portfolio, making the stock its 26th largest position. Moller Wealth Partners’ holdings in SPDR Portfolio High Yield Bond ETF were worth $4,357,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SPHY. Newbridge Financial Services Group Inc. increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 171.4% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after purchasing an additional 778 shares in the last quarter. Fourth Dimension Wealth LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 89.2% in the third quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock valued at $32,000 after purchasing an additional 633 shares during the period. Allworth Financial LP boosted its holdings in SPDR Portfolio High Yield Bond ETF by 1,098.9% during the third quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock worth $52,000 after buying an additional 2,000 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 100.5% during the third quarter. Golden State Wealth Management LLC now owns 2,222 shares of the company’s stock worth $53,000 after buying an additional 1,114 shares in the last quarter. Finally, CoreCap Advisors LLC grew its position in SPDR Portfolio High Yield Bond ETF by 22.8% during the third quarter. CoreCap Advisors LLC now owns 3,381 shares of the company’s stock worth $81,000 after buying an additional 628 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Down 0.9%

Shares of SPHY opened at $23.12 on Friday. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.21 and a twelve month high of $23.99. The firm has a market capitalization of $10.22 billion, a P/E ratio of 7.31 and a beta of 0.39. The firm’s 50-day moving average is $23.64 and its two-hundred day moving average is $23.71.

SPDR Portfolio High Yield Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1396 per share. This is a positive change 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. This represents a c) annualized dividend and a dividend yield of 7.2%.

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.