Jackson Creek Investment Advisors LLC Reduces Holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Jackson Creek Investment Advisors LLC reduced its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 51.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,858 shares of the company’s stock after selling 11,428 shares during the quarter. Jackson Creek Investment Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $252,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SPHY. Bogart Wealth LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 59.5% in the first quarter. Bogart Wealth LLC now owns 2,510 shares of the company’s stock worth $59,000 after purchasing an additional 936 shares during the last quarter. Sunbelt Securities Inc. acquired a new position in SPDR Portfolio High Yield Bond ETF in the 1st quarter worth approximately $161,000. NBC Securities Inc. raised its position in SPDR Portfolio High Yield Bond ETF by 12.3% during the 4th quarter. NBC Securities Inc. now owns 8,538 shares of the company’s stock worth $199,000 after buying an additional 932 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 172.4% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 9,527 shares of the company’s stock valued at $223,000 after acquiring an additional 6,030 shares during the period. Finally, Lynx Investment Advisory purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at $241,000.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA:SPHY opened at $23.67 on Thursday. The company’s fifty day moving average price is $23.47 and its 200-day moving average price is $23.31. SPDR Portfolio High Yield Bond ETF has a 1-year low of $21.80 and a 1-year high of $23.91. The firm has a market capitalization of $4.80 billion, a P/E ratio of 3.97 and a beta of 0.34.

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.