Godshalk Welsh Capital Management Inc. Increases Holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Godshalk Welsh Capital Management Inc. lifted its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 2.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,000 shares of the company’s stock after purchasing an additional 500 shares during the period. Godshalk Welsh Capital Management Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $418,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Bogart Wealth LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 59.5% during the first 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 period. Ashton Thomas Private Wealth LLC purchased a new stake in SPDR Portfolio High Yield Bond ETF during the second quarter worth $111,000. Cullen Frost Bankers Inc. purchased a new stake in SPDR Portfolio High Yield Bond ETF during the second quarter worth $120,000. Sunbelt Securities Inc. purchased a new stake in SPDR Portfolio High Yield Bond ETF during the first quarter worth $161,000. Finally, Lynx Investment Advisory purchased a new stake in SPDR Portfolio High Yield Bond ETF during the second quarter worth $241,000.

SPDR Portfolio High Yield Bond ETF Trading Up 0.3 %

Shares of SPHY opened at $24.00 on Friday. SPDR Portfolio High Yield Bond ETF has a 12 month low of $21.80 and a 12 month high of $24.06. The stock has a fifty day moving average price of $23.61 and a 200-day moving average price of $23.35. The firm has a market cap of $4.87 billion, a PE ratio of 3.97 and a beta of 0.34.

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.