Lido Advisors LLC Sells 26,027 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Lido Advisors LLC trimmed its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 37.0% during the 1st quarter, Holdings Channel.com reports. The fund owned 44,276 shares of the company’s stock after selling 26,027 shares during the quarter. Lido Advisors LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $2,015,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPYD. Wealthspire Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 0.4% during the fourth quarter. Wealthspire Advisors LLC now owns 58,443 shares of the company’s stock valued at $2,528,000 after purchasing an additional 220 shares during the period. Caitlin John LLC raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 3.8% during the 4th quarter. Caitlin John LLC now owns 6,114 shares of the company’s stock valued at $264,000 after buying an additional 226 shares during the last quarter. Kestra Advisory Services LLC boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 0.7% during the 4th quarter. Kestra Advisory Services LLC now owns 36,525 shares of the company’s stock valued at $1,580,000 after buying an additional 239 shares during the period. J.W. Cole Advisors Inc. boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 1.9% during the 4th quarter. J.W. Cole Advisors Inc. now owns 13,326 shares of the company’s stock valued at $550,000 after buying an additional 248 shares during the period. Finally, Global Retirement Partners LLC grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 2.6% in the 4th quarter. Global Retirement Partners LLC now owns 10,585 shares of the company’s stock worth $458,000 after acquiring an additional 267 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

SPYD stock opened at $49.75 on Monday. The firm’s 50-day moving average price is $48.12 and its two-hundred day moving average price is $46.81. SPDR Portfolio S&P 500 High Dividend ETF has a 12-month low of $41.87 and a 12-month high of $50.25. The stock has a market capitalization of $7.65 billion, a price-to-earnings ratio of 15.73 and a beta of 0.71.

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.