Strategic Financial Concepts LLC Buys 12,360 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Strategic Financial Concepts LLC raised its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 136.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,441 shares of the company’s stock after buying an additional 12,360 shares during the period. Strategic Financial Concepts LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $927,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Carroll Advisory Group LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter valued at $217,000. Jefferies Financial Group Inc. grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 8.4% during the 4th quarter. Jefferies Financial Group Inc. now owns 115,056 shares of the company’s stock valued at $4,976,000 after purchasing an additional 8,877 shares during the last quarter. Keudell Morrison Wealth Management bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter valued at $215,000. Axxcess Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 197.4% during the 4th quarter. Axxcess Wealth Management LLC now owns 19,154 shares of the company’s stock valued at $828,000 after purchasing an additional 12,714 shares during the last quarter. Finally, Northwest Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter valued at $221,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

SPYD stock opened at $47.71 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $41.44 and a 52 week high of $48.53. The firm’s fifty day moving average is $46.05 and its 200 day moving average is $45.21. The firm has a market cap of $7.49 billion, a P/E ratio of 15.73 and a beta of 0.72.

SPDR Portfolio S&P 500 High Dividend ETF Profile

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.