Confluence Investment Management LLC Boosts Position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Confluence Investment Management LLC increased its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 3.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 496,053 shares of the company’s stock after acquiring an additional 17,118 shares during the quarter. Confluence Investment Management LLC owned about 0.24% of SPDR Portfolio High Yield Bond ETF worth $11,642,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in SPHY. Godshalk Welsh Capital Management Inc. raised its holdings in SPDR Portfolio High Yield Bond ETF by 2.9% in the 2nd quarter. Godshalk Welsh Capital Management Inc. now owns 18,000 shares of the company’s stock worth $418,000 after purchasing an additional 500 shares in the last quarter. NBC Securities Inc. raised its stake in SPDR Portfolio High Yield Bond ETF by 8.0% in the third quarter. NBC Securities Inc. now owns 9,670 shares of the company’s stock worth $232,000 after buying an additional 718 shares in the last quarter. Continuum Advisory LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 4.1% in the third quarter. Continuum Advisory LLC now owns 29,528 shares of the company’s stock worth $700,000 after buying an additional 1,162 shares during the period. Private Trust Co. NA boosted its position in SPDR Portfolio High Yield Bond ETF by 61.8% during the 3rd quarter. Private Trust Co. NA now owns 4,755 shares of the company’s stock valued at $114,000 after acquiring an additional 1,817 shares in the last quarter. Finally, Lynx Investment Advisory boosted its position in SPDR Portfolio High Yield Bond ETF by 19.0% during the 3rd quarter. Lynx Investment Advisory now owns 12,334 shares of the company’s stock valued at $297,000 after acquiring an additional 1,972 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Up 0.1 %

Shares of NYSEARCA:SPHY traded up $0.03 during trading on Thursday, hitting $23.50. The stock had a trading volume of 710,567 shares, compared to its average volume of 3,576,188. The company has a market capitalization of $4.77 billion, a PE ratio of 3.97 and a beta of 0.34. The firm’s fifty day moving average is $23.69 and its 200 day moving average is $23.63. SPDR Portfolio High Yield Bond ETF has a 12 month low of $22.82 and a 12 month high of $24.07.

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.