SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Get Free Report) reached a new 52-week high on Monday . The company traded as high as $50.90 and last traded at $50.83, with a volume of 180478 shares changing hands. The stock had previously closed at $50.43.
SPDR Portfolio S&P 500 High Dividend ETF Trading Up 0.4%
The firm has a fifty day moving average of $49.06 and a two-hundred day moving average of $47.56. The company has a market capitalization of $8.90 billion, a PE ratio of 15.73 and a beta of 0.71.
Institutional Trading of SPDR Portfolio S&P 500 High Dividend ETF
A number of institutional investors have recently made changes to their positions in SPYD. Baird Financial Group Inc. raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 8.0% during the 2nd quarter. Baird Financial Group Inc. now owns 49,563 shares of the company’s stock valued at $2,103,000 after buying an additional 3,655 shares during the last quarter. Brown Advisory Inc. grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 23.6% in the 2nd quarter. Brown Advisory Inc. now owns 10,955 shares of the company’s stock worth $465,000 after acquiring an additional 2,090 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 3.0% in the second quarter. NewEdge Advisors LLC now owns 100,812 shares of the company’s stock valued at $4,278,000 after acquiring an additional 2,902 shares during the period. Main Street Financial Solutions LLC increased its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.7% in the second quarter. Main Street Financial Solutions LLC now owns 20,996 shares of the company’s stock valued at $891,000 after acquiring an additional 546 shares during the period. Finally, HUB Investment Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 11.7% during the second quarter. HUB Investment Partners LLC now owns 5,622 shares of the company’s stock valued at $239,000 after acquiring an additional 588 shares during the last quarter.
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.
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