NewSquare Capital LLC Sells 2,444 Shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

NewSquare Capital LLC reduced its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 0.6% during the 4th quarter, HoldingsChannel reports. The fund owned 421,610 shares of the company’s stock after selling 2,444 shares during the period. SPDR Portfolio High Yield Bond ETF accounts for about 0.9% of NewSquare Capital LLC’s holdings, making the stock its 29th largest position. NewSquare Capital LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $9,857,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. WCG Wealth Advisors LLC boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 0.8% during the third quarter. WCG Wealth Advisors LLC now owns 55,194 shares of the company’s stock valued at $1,257,000 after buying an additional 457 shares during the period. Edmonds Duncan Registered Investment Advisors LLC boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 3.4% during the fourth quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 28,404 shares of the company’s stock valued at $664,000 after buying an additional 939 shares during the period. Foster & Motley Inc. boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 4.9% during the fourth quarter. Foster & Motley Inc. now owns 65,620 shares of the company’s stock valued at $1,534,000 after buying an additional 3,053 shares during the period. Cary Street Partners Investment Advisory LLC boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 1,648.5% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 3,497 shares of the company’s stock valued at $78,000 after buying an additional 3,297 shares during the period. Finally, Iowa State Bank boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 6.1% during the third quarter. Iowa State Bank now owns 97,903 shares of the company’s stock valued at $2,195,000 after buying an additional 5,600 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of NYSEARCA:SPHY traded up $0.07 during trading hours on Tuesday, hitting $23.13. 1,717,956 shares of the company’s stock traded hands, compared to its average volume of 2,828,125. The firm has a market capitalization of $4.18 billion, a P/E ratio of 3.93 and a beta of 0.33. The business has a fifty day moving average price of $23.26 and a 200-day moving average price of $23.01. SPDR Portfolio High Yield Bond ETF has a 1 year low of $21.80 and a 1 year high of $23.57.

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.