SPDR Portfolio High Yield Bond ETF $SPHY Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC raised its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 84.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 231,840 shares of the company’s stock after acquiring an additional 106,141 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.05% of SPDR Portfolio High Yield Bond ETF worth $5,488,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Newbridge Financial Services Group Inc. grew its position 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 worth $29,000 after buying an additional 778 shares in the last quarter. Fourth Dimension Wealth LLC grew its position in shares of 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 in the last quarter. Allworth Financial LP grew its position 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 buying an additional 2,000 shares in the last quarter. Golden State Wealth Management LLC grew its position in shares of 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 in the last quarter. Finally, Elevated Capital Advisors LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF during the fourth quarter worth about $67,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.57 on Monday. SPDR Portfolio High Yield Bond ETF has a one year low of $23.02 and a one year high of $23.99. The company has a market cap of $10.56 billion, a PE ratio of 7.31 and a beta of 0.40. The business has a 50-day simple moving average of $23.46 and a 200-day simple moving average of $23.63.

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.