Lifeworks Advisors LLC Reduces Position in SPDR Portfolio High Yield Bond ETF $SPHY

Lifeworks Advisors LLC lowered its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 67.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. 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 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of SPHY. Integrated Wealth Concepts LLC grew its stake in SPDR Portfolio High Yield Bond ETF by 7.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock worth $260,000 after acquiring an additional 745 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 5.5% during 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 raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 0.6% during 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 in the last quarter. EP Wealth Advisors LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 71.2% during 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 in the last quarter. Finally, IHT Wealth Management LLC boosted its holdings 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 valued at $1,637,000 after purchasing an additional 3,481 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPDR Portfolio High Yield Bond ETF stock 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 firm’s 50-day moving average is $23.38 and its two-hundred day moving average is $23.51. The stock has a market cap of $11.17 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38.

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.