Ameritas Advisory Services LLC Lowers Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Ameritas Advisory Services LLC lowered its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 94.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,204 shares of the company’s stock after selling 67,964 shares during the period. Ameritas Advisory Services LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $101,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Auour Investments LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 207.7% during the third quarter. Auour Investments LLC now owns 70,906 shares of the company’s stock worth $1,697,000 after purchasing an additional 47,862 shares during the last quarter. GatePass Capital LLC raised its holdings in SPDR Portfolio High Yield Bond ETF by 189.9% during the third quarter. GatePass Capital LLC now owns 58,550 shares of the company’s stock worth $1,402,000 after purchasing an additional 38,350 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in SPDR Portfolio High Yield Bond ETF by 116.6% during the third quarter. Commonwealth Equity Services LLC now owns 284,302 shares of the company’s stock worth $6,806,000 after purchasing an additional 153,035 shares in the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 378.6% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 125,699 shares of the company’s stock worth $3,009,000 after buying an additional 99,433 shares during the last quarter. Finally, DT Investment Partners LLC boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 5.4% in the 3rd quarter. DT Investment Partners LLC now owns 462,620 shares of the company’s stock valued at $11,075,000 after buying an additional 23,589 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA SPHY opened at $23.75 on Thursday. The firm’s fifty day moving average price is $23.73 and its 200 day moving average price is $23.75. SPDR Portfolio High Yield Bond ETF has a 12 month low of $22.21 and a 12 month high of $23.99. The company has a market capitalization of $10.50 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39.

SPDR Portfolio High Yield Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1379 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%.

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.