SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Get Free Report)’s share price hit a new 52-week high on Thursday. The company traded as high as $51.11 and last traded at $50.9050, with a volume of 284,895 shares changing hands. The stock had previously closed at $50.51.
SPDR Portfolio S&P 500 High Dividend ETF Trading Down 1.0%
The firm’s fifty day moving average price is $47.69 and its 200-day moving average price is $47.54. The company has a market cap of $7.71 billion, a P/E ratio of 15.73 and a beta of 0.72.
Institutional Trading of SPDR Portfolio S&P 500 High Dividend ETF
Hedge funds have recently modified their holdings of the company. Triumph Capital Management lifted its position in SPDR Portfolio S&P 500 High Dividend ETF by 22.7% in the third quarter. Triumph Capital Management now owns 1,348 shares of the company’s stock worth $61,000 after purchasing an additional 249 shares during the period. Corient Private Wealth LP raised its position in SPDR Portfolio S&P 500 High Dividend ETF by 0.3% in the second quarter. Corient Private Wealth LP now owns 88,796 shares of the company’s stock worth $4,236,000 after purchasing an additional 261 shares in the last quarter. MFG Wealth Management Inc. lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 0.7% during the second quarter. MFG Wealth Management Inc. now owns 48,918 shares of the company’s stock worth $2,334,000 after purchasing an additional 332 shares during the period. Sigma Planning Corp lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 4.2% during the first quarter. Sigma Planning Corp now owns 10,467 shares of the company’s stock worth $476,000 after purchasing an additional 422 shares during the period. Finally, Kingsbury Capital Investment Advisors LLC lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 9.7% during the second quarter. Kingsbury Capital Investment Advisors LLC now owns 4,828 shares of the company’s stock worth $230,000 after purchasing an additional 427 shares during the period.
SPDR Portfolio S&P 500 High Dividend ETF Company 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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