Commonwealth Equity Services LLC Sells 34,543 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Commonwealth Equity Services LLC reduced its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 12.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 249,759 shares of the company’s stock after selling 34,543 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.06% of SPDR Portfolio High Yield Bond ETF worth $5,912,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. IFC & Insurance Marketing Inc. bought a new stake in SPDR Portfolio High Yield Bond ETF during the fourth quarter worth $38,000. Steward Partners Investment Advisory LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 8,673.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,070,300 shares of the company’s stock worth $25,334,000 after acquiring an additional 1,058,100 shares during the period. Elo Mutual Pension Insurance Co bought a new stake in SPDR Portfolio High Yield Bond ETF during the fourth quarter worth $24,854,000. Brandywine Asset Management Inc. bought a new stake in SPDR Portfolio High Yield Bond ETF during the fourth quarter worth $619,000. Finally, Moneta Group Investment Advisors LLC bought a new stake in SPDR Portfolio High Yield Bond ETF during the fourth quarter worth $528,000.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY opened at $23.27 on Friday. The firm has a market cap of $10.42 billion, a PE ratio of 7.31 and a beta of 0.38. The stock’s fifty day moving average price is $23.42 and its two-hundred day moving average price is $23.57. SPDR Portfolio High Yield Bond ETF has a 1 year low of $23.02 and a 1 year high of $23.99.

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.