Gateway Wealth Partners LLC lifted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) by 95.3% in the 1st quarter, HoldingsChannel reports. The fund owned 141,552 shares of the company’s stock after purchasing an additional 69,064 shares during the period. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $6,443,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Modus Advisors LLC acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter valued at about $28,000. Sound Income Strategies LLC lifted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 277.8% in the fourth quarter. Sound Income Strategies LLC now owns 816 shares of the company’s stock valued at $37,000 after purchasing an additional 600 shares in the last quarter. SHP Wealth Management purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter valued at approximately $43,000. Matrix Private Capital Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the first quarter valued at approximately $53,000. Finally, IFP Advisors Inc grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 58.3% during the third quarter. IFP Advisors Inc now owns 1,319 shares of the company’s stock worth $58,000 after buying an additional 486 shares in the last quarter.
SPDR Portfolio S&P 500 High Dividend ETF Stock Performance
NYSEARCA SPYD opened at $49.75 on Monday. The business has a fifty day simple moving average of $48.12 and a 200 day simple moving average of $46.81. The firm has a market capitalization of $7.65 billion, a P/E ratio of 15.73 and a beta of 0.71. SPDR Portfolio S&P 500 High Dividend ETF has a 12 month low of $41.87 and a 12 month high of $50.25.
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.
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Want to see what other hedge funds are holding SPYD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report).
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