WCG Wealth Advisors LLC Buys 9,760 Shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

WCG Wealth Advisors LLC raised its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 24.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,452 shares of the company’s stock after purchasing an additional 9,760 shares during the period. WCG Wealth Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Bogart Wealth LLC grew its position in shares of SPDR Portfolio High Yield Bond ETF by 59.5% in the 1st quarter. Bogart Wealth LLC now owns 2,510 shares of the company’s stock worth $59,000 after buying an additional 936 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF during the second quarter worth $111,000. Cullen Frost Bankers Inc. purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at $120,000. Sunbelt Securities Inc. purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 1st quarter valued at $161,000. Finally, Lynx Investment Advisory acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 2nd quarter worth $241,000.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY stock opened at $24.00 on Friday. The stock’s fifty day moving average price is $23.61 and its 200 day moving average price is $23.35. SPDR Portfolio High Yield Bond ETF has a 1-year low of $21.80 and a 1-year high of $24.06. The company has a market cap of $4.87 billion, a price-to-earnings 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.