SPDR Portfolio High Yield Bond ETF $SPHY Shares Sold by Brookstone Capital Management

Brookstone Capital Management lowered its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 4.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 113,387 shares of the company’s stock after selling 4,937 shares during the period. Brookstone Capital Management’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,699,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Whittier Trust Co. grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 612.9% in the second quarter. Whittier Trust Co. now owns 38,995 shares of the company’s stock valued at $928,000 after purchasing an additional 33,525 shares in the last quarter. WBH Advisory Inc. grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 23.9% in the second quarter. WBH Advisory Inc. now owns 19,048 shares of the company’s stock valued at $453,000 after purchasing an additional 3,672 shares in the last quarter. Alaska Permanent Capital Management LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 10,916.7% in the second quarter. Alaska Permanent Capital Management LLC now owns 1,322 shares of the company’s stock valued at $31,000 after purchasing an additional 1,310 shares in the last quarter. Stephens Inc. AR grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 0.8% in the second quarter. Stephens Inc. AR now owns 80,839 shares of the company’s stock valued at $1,924,000 after purchasing an additional 609 shares in the last quarter. Finally, SAM Advisors LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 4.5% in the second quarter. SAM Advisors LLC now owns 646,434 shares of the company’s stock valued at $15,385,000 after purchasing an additional 27,768 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPHY stock opened at $23.87 on Friday. The stock has a market capitalization of $10.07 billion, a P/E ratio of 7.31 and a beta of 0.42. The company has a 50 day moving average price of $23.81 and a 200 day moving average price of $23.56. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $22.21 and a fifty-two week high of $23.99.

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.