Impact Partnership Wealth LLC Cuts Stock Position in SPDR Portfolio High Yield Bond ETF $SPHY

Impact Partnership Wealth LLC lessened its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 32.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 153,282 shares of the company’s stock after selling 74,415 shares during the quarter. SPDR Portfolio High Yield Bond ETF comprises 0.5% of Impact Partnership Wealth LLC’s portfolio, making the stock its 25th biggest holding. Impact Partnership Wealth LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $3,670,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Integrated Wealth Concepts LLC lifted its holdings 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 worth $260,000 after buying an additional 745 shares in the last quarter. Fifth Third Bancorp bought a new stake in SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at $50,000. Trilogy Capital Inc. increased its holdings in SPDR Portfolio High Yield Bond ETF by 11.0% in the 2nd quarter. Trilogy Capital Inc. now owns 28,505 shares of the company’s stock valued at $678,000 after acquiring an additional 2,835 shares during the last quarter. TFG Advisers LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 14.0% in the 2nd quarter. TFG Advisers LLC now owns 24,946 shares of the company’s stock worth $594,000 after purchasing an additional 3,066 shares in the last quarter. Finally, Ascent Group LLC bought a new position in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at about $290,000.

SPDR Portfolio High Yield Bond ETF Trading Down 0.1%

Shares of SPHY stock opened at $23.79 on Friday. The stock has a market capitalization of $10.50 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a 12-month low of $22.21 and a 12-month high of $23.99. The stock’s 50-day moving average price is $23.73 and its 200-day moving average price is $23.74.

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.