Wealth Enhancement Advisory Services LLC Increases Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 2.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 238,237 shares of the company’s stock after purchasing an additional 5,538 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.06% of SPDR Portfolio High Yield Bond ETF worth $5,644,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. RFG Holdings Inc. grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 0.4% during the 2nd quarter. RFG Holdings Inc. now owns 1,040,552 shares of the company’s stock worth $24,765,000 after acquiring an additional 4,157 shares during the period. Moller Wealth Partners grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 279.7% during the 2nd quarter. Moller Wealth Partners now owns 96,165 shares of the company’s stock worth $2,289,000 after acquiring an additional 70,839 shares during the period. Signal Advisors Wealth LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 346.7% during the 2nd quarter. Signal Advisors Wealth LLC now owns 50,520 shares of the company’s stock worth $1,202,000 after acquiring an additional 39,210 shares during the period. Capital Wealth Management LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 5.1% during the 2nd quarter. Capital Wealth Management LLC now owns 46,550 shares of the company’s stock worth $1,108,000 after acquiring an additional 2,264 shares during the period. Finally, Balefire LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth approximately $2,352,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

SPHY stock opened at $23.94 on Thursday. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $22.21 and a fifty-two week high of $24.07. The business’s 50 day moving average price is $23.76 and its two-hundred day moving average price is $23.48. The company has a market capitalization of $9.24 billion, a price-to-earnings ratio of 7.31 and a beta of 0.42.

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.