Alaska Permanent Capital Management LLC Has $14.77 Million Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Alaska Permanent Capital Management LLC increased its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 14.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 635,087 shares of the company’s stock after purchasing an additional 81,691 shares during the period. SPDR Portfolio High Yield Bond ETF accounts for approximately 1.0% of Alaska Permanent Capital Management LLC’s investment portfolio, making the stock its 16th biggest holding. Alaska Permanent Capital Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $14,772,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Integrated Wealth Concepts LLC lifted its stake 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 acquiring an additional 745 shares during the period. NewEdge Advisors LLC raised 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 worth $8,098,000 after purchasing an additional 17,658 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of 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 purchasing an additional 5,169 shares during the period. EP Wealth Advisors LLC lifted its position in shares of 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 purchasing an additional 4,198 shares during the period. Finally, IHT Wealth Management LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 5.3% in the 2nd quarter. IHT Wealth Management LLC now owns 68,781 shares of the company’s stock worth $1,637,000 after purchasing an additional 3,481 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA:SPHY opened at $23.31 on Thursday. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week high of $23.99. The firm’s fifty day moving average is $23.42 and its 200-day moving average is $23.53. The firm has a market cap of $11.33 billion, a P/E 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.