SPDR Portfolio High Yield Bond ETF $SPHY Shares Sold by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC reduced its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 24.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 100,000 shares of the company’s stock after selling 32,000 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,367,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Newbridge Financial Services Group Inc. lifted 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 buying an additional 778 shares during the period. Fourth Dimension Wealth LLC grew its position in SPDR Portfolio High Yield Bond ETF by 89.2% during the third quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock worth $32,000 after buying an additional 633 shares during the period. Allworth Financial LP grew its position 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 during the period. Golden State Wealth Management LLC grew its position 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 during the period. Finally, Elevated Capital Advisors LLC acquired a new position in SPDR Portfolio High Yield Bond ETF during the fourth quarter worth about $67,000.

SPDR Portfolio High Yield Bond ETF Trading Up 0.2%

Shares of SPHY opened at $23.53 on Friday. The firm’s 50-day moving average is $23.41 and its two-hundred day moving average is $23.58. SPDR Portfolio High Yield Bond ETF has a twelve month low of $23.02 and a twelve month high of $23.99. The firm has a market capitalization of $10.54 billion, a P/E ratio of 7.31 and a beta of 0.38.

About SPDR Portfolio High Yield Bond ETF

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.