Impact Partnership Wealth LLC Has $7.70 Million Position in SPDR Portfolio High Yield Bond ETF $SPHY

Impact Partnership Wealth LLC raised its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 90.7% during the first quarter, HoldingsChannel reports. The institutional investor owned 330,375 shares of the company’s stock after acquiring an additional 157,099 shares during the period. SPDR Portfolio High Yield Bond ETF comprises about 1.0% of Impact Partnership Wealth LLC’s investment portfolio, making the stock its 22nd largest position. Impact Partnership Wealth LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $7,704,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 7.2% in the first quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock valued at $260,000 after buying an additional 745 shares during the period. NewEdge Advisors LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 5.5% in the second quarter. NewEdge Advisors LLC now owns 340,238 shares of the company’s stock worth $8,098,000 after acquiring an additional 17,658 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in SPDR Portfolio High Yield Bond ETF by 0.6% in the second quarter. The Manufacturers Life Insurance Company now owns 903,301 shares of the company’s stock valued at $21,498,000 after acquiring an additional 5,169 shares during the last quarter. EP Wealth Advisors LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 71.2% in the second quarter. EP Wealth Advisors LLC now owns 10,094 shares of the company’s stock valued at $240,000 after acquiring an additional 4,198 shares during the last quarter. Finally, IHT Wealth Management LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 5.3% in the second quarter. IHT Wealth Management LLC now owns 68,781 shares of the company’s stock valued at $1,637,000 after acquiring an additional 3,481 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA:SPHY opened at $23.44 on Wednesday. The company has a market capitalization of $10.50 billion, a PE ratio of 7.31 and a beta of 0.38. The company has a 50 day simple moving average of $23.43 and a two-hundred day simple moving average of $23.53. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $23.02 and a fifty-two week high of $23.99.

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.