SPDR Portfolio High Yield Bond ETF $SPHY Shares Purchased by Northeast Financial Group Inc.

Northeast Financial Group Inc. boosted its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 34.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 429,967 shares of the company’s stock after buying an additional 109,480 shares during the period. SPDR Portfolio High Yield Bond ETF makes up approximately 2.5% of Northeast Financial Group Inc.’s investment portfolio, making the stock its 14th largest holding. Northeast Financial Group Inc. owned 0.10% of SPDR Portfolio High Yield Bond ETF worth $10,028,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. lifted its stake in SPDR Portfolio High Yield Bond ETF by 171.4% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after acquiring an additional 778 shares during the period. IFC & Insurance Marketing Inc. purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at $38,000. Smartleaf Asset Management LLC increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 301.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock worth $40,000 after acquiring an additional 1,262 shares during the period. Physician Wealth Advisors Inc. increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 54.7% in the first quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock worth $41,000 after acquiring an additional 623 shares during the period. Finally, Allworth Financial LP raised its holdings in shares of 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 purchasing an additional 2,000 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA SPHY opened at $23.18 on Monday. The company has a market capitalization of $11.52 billion, a PE ratio of 7.31 and a beta of 0.38. The company has a fifty day moving average of $23.37 and a 200 day moving average of $23.49. 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 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.