Virtue Capital Management LLC Buys New Shares in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Virtue Capital Management LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,061 shares of the company’s stock, valued at approximately $575,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. IFP Advisors Inc acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter worth about $35,000. AdvisorNet Financial Inc grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 77.5% during the third quarter. AdvisorNet Financial Inc now owns 985 shares of the company’s stock worth $43,000 after purchasing an additional 430 shares during the period. Access Investment Management LLC acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the second quarter worth approximately $42,000. Vermillion Wealth Management Inc. raised its stake in SPDR Portfolio S&P 500 High Dividend ETF by 252.9% in the third quarter. Vermillion Wealth Management Inc. now owns 1,080 shares of the company’s stock valued at $48,000 after buying an additional 774 shares during the period. Finally, Westside Investment Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 116.7% in the second quarter. Westside Investment Management Inc. now owns 1,950 shares of the company’s stock valued at $83,000 after buying an additional 1,050 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Down 0.2%

Shares of SPYD stock traded down $0.11 during trading on Friday, reaching $44.98. 1,270,846 shares of the company’s stock were exchanged, compared to its average volume of 1,814,616. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $37.92 and a twelve month high of $45.48. The firm’s fifty day moving average price is $43.72 and its 200-day moving average price is $43.69. The stock has a market capitalization of $7.47 billion, a PE ratio of 15.73 and a beta of 0.84.

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.