McNaughton Wealth Management LLC Has $234,000 Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

McNaughton Wealth Management LLC lessened its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 32.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,839 shares of the company’s stock after selling 4,751 shares during the quarter. McNaughton Wealth Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $234,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SPHY. Municipal Employees Retirement System of Michigan increased its position in SPDR Portfolio High Yield Bond ETF by 362.5% during the first quarter. Municipal Employees Retirement System of Michigan now owns 5,954,325 shares of the company’s stock worth $139,451,000 after buying an additional 4,666,949 shares during the last quarter. Ameriprise Financial Inc. increased its position in SPDR Portfolio High Yield Bond ETF by 24.1% during the first quarter. Ameriprise Financial Inc. now owns 8,186,133 shares of the company’s stock worth $191,695,000 after buying an additional 1,587,936 shares during the last quarter. Farther Finance Advisors LLC increased its position in SPDR Portfolio High Yield Bond ETF by 58.4% during the second quarter. Farther Finance Advisors LLC now owns 1,358,931 shares of the company’s stock worth $32,342,000 after buying an additional 500,938 shares during the last quarter. Madison Asset Management LLC grew its position in shares of SPDR Portfolio High Yield Bond ETF by 111.6% in the first quarter. Madison Asset Management LLC now owns 944,127 shares of the company’s stock valued at $22,111,000 after purchasing an additional 498,025 shares during the last quarter. Finally, iA Global Asset Management Inc. grew its position in shares of SPDR Portfolio High Yield Bond ETF by 81.0% in the first quarter. iA Global Asset Management Inc. now owns 995,570 shares of the company’s stock valued at $23,316,000 after purchasing an additional 445,570 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Trading Down 0.1%

SPDR Portfolio High Yield Bond ETF stock opened at $23.81 on Friday. SPDR Portfolio High Yield Bond ETF has a 12 month low of $22.21 and a 12 month high of $23.99. The stock’s 50 day moving average is $23.79 and its 200-day moving average is $23.51. The company has a market capitalization of $9.50 billion, a price-to-earnings ratio of 7.31 and a beta of 0.42.

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.