SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) Short Interest Down 31.5% in December

SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totaling 364,882 shares, a decline of 31.5% from the December 15th total of 532,334 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,493,525 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 1,493,525 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SPYD. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter valued at approximately $187,209,000. Wellington Management Group LLP acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the third quarter valued at $52,565,000. Ameriprise Financial Inc. boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 31.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,764,341 shares of the company’s stock valued at $159,716,000 after acquiring an additional 896,333 shares during the last quarter. Financial Gravity Companies Inc. acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter worth $11,975,000. Finally, Vestmark Advisory Solutions Inc. increased its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 43.0% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 455,944 shares of the company’s stock worth $19,350,000 after purchasing an additional 137,171 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

SPYD traded down $0.19 during trading hours on Friday, reaching $44.92. 667,567 shares of the stock traded hands, compared to its average volume of 1,844,134. SPDR Portfolio S&P 500 High Dividend ETF has a fifty-two week low of $37.92 and a fifty-two week high of $45.48. The company has a market cap of $7.48 billion, a price-to-earnings ratio of 15.73 and a beta of 0.84. The firm’s fifty day simple moving average is $43.49 and its two-hundred day simple moving average is $43.62.

About SPDR Portfolio S&P 500 High Dividend ETF

The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is an exchange-traded fund that is based on the S&P 500 High Dividend index. The fund tracks an index of the 80 highest-yielding stocks selected from the S&P 500. Stocks are equally-weighted. SPYD was launched on Oct 21, 2015 and is managed by State Street.