Impact Partnership Wealth LLC Purchases 14,808 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Impact Partnership Wealth LLC boosted its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 7.0% in the second quarter, Holdings Channel.com reports. The firm owned 227,697 shares of the company’s stock after buying an additional 14,808 shares during the quarter. SPDR Portfolio High Yield Bond ETF comprises approximately 1.0% of Impact Partnership Wealth LLC’s investment portfolio, making the stock its 19th largest position. Impact Partnership Wealth LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $5,419,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the business. Cranbrook Wealth Management LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the second quarter valued at approximately $26,000. Parallel Advisors LLC bought a new stake in SPDR Portfolio High Yield Bond ETF in the second quarter worth $29,000. Alaska Permanent Capital Management LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 10,916.7% during the second quarter. Alaska Permanent Capital Management LLC now owns 1,322 shares of the company’s stock valued at $31,000 after acquiring an additional 1,310 shares in the last quarter. Golden State Wealth Management LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 193.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,415 shares of the company’s stock worth $33,000 after purchasing an additional 932 shares during the last quarter. Finally, Centennial Bank AR purchased a new position in SPDR Portfolio High Yield Bond ETF in the first quarter worth about $34,000.

SPDR Portfolio High Yield Bond ETF Stock Down 0.3%

Shares of NYSEARCA SPHY opened at $23.84 on Thursday. The company has a 50 day moving average of $23.83 and a 200 day moving average of $23.59. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.21 and a twelve month high of $23.99. The firm has a market cap of $10.06 billion, a P/E ratio of 7.31 and a beta of 0.39.

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.