Cwm LLC Acquires 86,950 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Cwm LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 7.5% in the fourth quarter, HoldingsChannel reports. The firm owned 1,244,650 shares of the company’s stock after purchasing an additional 86,950 shares during the period. Cwm LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $29,461,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Newbridge Financial Services Group Inc. increased its holdings 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 valued at $29,000 after acquiring an additional 778 shares in the last quarter. Fourth Dimension Wealth LLC increased its holdings 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 valued at $32,000 after acquiring an additional 633 shares in the last quarter. Allworth Financial LP increased its holdings 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 valued at $52,000 after acquiring an additional 2,000 shares in the last quarter. Golden State Wealth Management LLC increased its holdings 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 valued at $53,000 after acquiring an additional 1,114 shares in the last quarter. Finally, CoreCap Advisors LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 22.8% during the third quarter. CoreCap Advisors LLC now owns 3,381 shares of the company’s stock valued at $81,000 after acquiring an additional 628 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Down 0.2%

NYSEARCA SPHY opened at $23.52 on Friday. The company has a market cap of $10.39 billion, a price-to-earnings ratio of 7.31 and a beta of 0.40. SPDR Portfolio High Yield Bond ETF has a 52 week low of $22.80 and a 52 week high of $23.99. The business has a 50 day moving average price of $23.47 and a 200-day moving average price of $23.64.

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.