Lifeworks Advisors LLC Sells 51,823 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Lifeworks Advisors LLC decreased its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 67.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,951 shares of the company’s stock after selling 51,823 shares during the quarter. Lifeworks Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $582,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Integrated Wealth Concepts LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 7.2% during the first quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock valued at $260,000 after purchasing an additional 745 shares in the last quarter. NewEdge Advisors LLC increased its position in 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 buying an additional 17,658 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of 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 worth $21,498,000 after buying an additional 5,169 shares during the period. EP Wealth Advisors LLC raised its stake in shares of 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 worth $240,000 after buying an additional 4,198 shares during the period. Finally, IHT Wealth Management LLC raised its stake in shares of 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 worth $1,637,000 after buying an additional 3,481 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of NYSEARCA:SPHY opened at $23.28 on Tuesday. SPDR Portfolio High Yield Bond ETF has a 1-year low of $23.02 and a 1-year high of $23.99. The company has a market capitalization of $11.17 billion, a P/E ratio of 7.31 and a beta of 0.38. The firm’s 50 day simple moving average is $23.38 and its two-hundred day simple moving average is $23.51.

SPDR Portfolio High Yield Bond ETF 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.