Oxbow Advisors LLC Invests $259,000 in SPDR Portfolio High Yield Bond ETF $SPHY

Oxbow Advisors LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,866 shares of the company’s stock, valued at approximately $259,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Financial Designs Inc. ADV raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 1.1% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 47,948 shares of the company’s stock worth $1,123,000 after buying an additional 513 shares during the last quarter. Fifth Third Securities Inc. raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 2.3% during the 1st quarter. Fifth Third Securities Inc. now owns 26,523 shares of the company’s stock worth $621,000 after buying an additional 606 shares during the last quarter. Lynx Investment Advisory raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 6.2% during the 2nd quarter. Lynx Investment Advisory now owns 12,086 shares of the company’s stock worth $288,000 after buying an additional 710 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 7.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock worth $260,000 after buying an additional 745 shares during the last quarter. Finally, SVB Wealth LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 6.4% during the 1st quarter. SVB Wealth LLC now owns 13,245 shares of the company’s stock worth $310,000 after buying an additional 795 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Up 0.2%

NYSEARCA:SPHY opened at $23.78 on Friday. The company has a market capitalization of $9.57 billion, a PE ratio of 7.31 and a beta of 0.42. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.21 and a 52-week high of $23.99. The stock has a fifty day simple moving average of $23.80 and a 200-day simple moving average of $23.52.

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.