SPDR Portfolio High Yield Bond ETF $SPHY Stock Holdings Increased by Maia Wealth LLC

Maia Wealth LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 124.5% in the third quarter, HoldingsChannel reports. The fund owned 102,983 shares of the company’s stock after buying an additional 57,104 shares during the period. Maia Wealth LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,442,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Newbridge Financial Services Group Inc. raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 171.4% during the second 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 grew its position in SPDR Portfolio High Yield Bond ETF by 89.2% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock valued at $32,000 after buying an additional 633 shares in the last quarter. Golden State Wealth Management LLC grew its position in SPDR Portfolio High Yield Bond ETF by 100.5% in the 3rd quarter. Golden State Wealth Management LLC now owns 2,222 shares of the company’s stock valued at $53,000 after buying an additional 1,114 shares in the last quarter. CoreCap Advisors LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 22.8% during the 3rd quarter. CoreCap Advisors LLC now owns 3,381 shares of the company’s stock valued at $81,000 after buying an additional 628 shares during the period. Finally, Greykasell Wealth Strategies Inc. acquired a new position in SPDR Portfolio High Yield Bond ETF during the 3rd quarter valued at about $84,000.

SPDR Portfolio High Yield Bond ETF Trading Down 0.2%

SPHY stock opened at $23.21 on Friday. The firm’s 50-day moving average is $23.69 and its two-hundred day moving average is $23.73. The company has a market capitalization of $10.26 billion, a price-to-earnings 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.

SPDR Portfolio High Yield Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.1396 per share. This is a boost from SPDR Portfolio High Yield Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date was Monday, March 2nd.

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.