General Partner Inc. Acquires Shares of 26,000 SPDR Portfolio High Yield Bond ETF $SPHY

General Partner Inc. acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 26,000 shares of the company’s stock, valued at approximately $609,000.

Other large investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC boosted its stake 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 buying an additional 745 shares during the last quarter. NewEdge Advisors LLC grew its holdings in SPDR Portfolio High Yield Bond ETF by 5.5% during the 2nd quarter. NewEdge Advisors LLC now owns 340,238 shares of the company’s stock valued at $8,098,000 after buying an additional 17,658 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in SPDR Portfolio High Yield Bond ETF by 0.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 903,301 shares of the company’s stock worth $21,498,000 after acquiring an additional 5,169 shares during the last quarter. EP Wealth Advisors LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 71.2% in the 2nd quarter. EP Wealth Advisors LLC now owns 10,094 shares of the company’s stock worth $240,000 after acquiring an additional 4,198 shares during the last quarter. Finally, IHT Wealth Management LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 5.3% during the 2nd quarter. IHT Wealth Management LLC now owns 68,781 shares of the company’s stock worth $1,637,000 after acquiring an additional 3,481 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY opened at $23.14 on Wednesday. The stock has a market capitalization of $11.57 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 1 year low of $23.02 and a 1 year high of $23.99. The business’s 50 day simple moving average is $23.31 and its 200-day simple moving average is $23.39.

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.