EverSource Wealth Advisors LLC Acquires Shares of 7,148 SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

EverSource Wealth Advisors LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 7,148 shares of the company’s stock, valued at approximately $168,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Kohmann Bosshard Financial Services LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 4.3% in the fourth quarter. Kohmann Bosshard Financial Services LLC now owns 865,052 shares of the company’s stock valued at $20,303,000 after purchasing an additional 35,907 shares during the last quarter. Hilltop Partners LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 7.2% in the fourth quarter. Hilltop Partners LLC now owns 749,842 shares of the company’s stock valued at $17,599,000 after purchasing an additional 50,366 shares during the last quarter. BlueStem Wealth Partners LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at $12,571,000. Confluence Investment Management LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 3.6% in the fourth quarter. Confluence Investment Management LLC now owns 496,053 shares of the company’s stock valued at $11,642,000 after purchasing an additional 17,118 shares during the last quarter. Finally, Iowa State Bank increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 17.1% in the fourth quarter. Iowa State Bank now owns 432,819 shares of the company’s stock valued at $10,158,000 after purchasing an additional 63,296 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA:SPHY opened at $23.43 on Monday. SPDR Portfolio High Yield Bond ETF has a one year low of $22.82 and a one year high of $24.07. The company has a market cap of $7.71 billion, a P/E ratio of 59.88 and a beta of 0.47. The firm’s fifty day moving average price is $23.67 and its two-hundred day moving average price is $23.72.

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.