Cahill Financial Advisors Inc. Sells 49,068 Shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Cahill Financial Advisors Inc. trimmed its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 51.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,095 shares of the company’s stock after selling 49,068 shares during the period. Cahill Financial Advisors Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,109,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Confluence Investment Management LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the 3rd quarter valued at $11,518,000. Iowa State Bank lifted its holdings in SPDR Portfolio High Yield Bond ETF by 188.5% during the third quarter. Iowa State Bank now owns 369,523 shares of the company’s stock valued at $8,887,000 after purchasing an additional 241,422 shares during the last quarter. Farther Finance Advisors LLC boosted its position in SPDR Portfolio High Yield Bond ETF by 58.4% during the third quarter. Farther Finance Advisors LLC now owns 431,178 shares of the company’s stock worth $10,370,000 after purchasing an additional 158,959 shares during the period. Hilltop Partners LLC increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 24.5% in the second quarter. Hilltop Partners LLC now owns 659,735 shares of the company’s stock worth $15,326,000 after purchasing an additional 129,795 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 4.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 690,144 shares of the company’s stock valued at $16,032,000 after purchasing an additional 28,685 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Up 0.0 %

Shares of SPHY stock opened at $23.77 on Friday. SPDR Portfolio High Yield Bond ETF has a 12 month low of $22.71 and a 12 month high of $24.07. The stock has a market capitalization of $4.82 billion, a P/E ratio of 3.97 and a beta of 0.34. The firm’s 50 day moving average is $23.81 and its 200 day moving average is $23.54.

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.