Parker Investment Management LLC Takes Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Parker Investment Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,136 shares of the company’s stock, valued at approximately $666,000. SPDR Portfolio S&P 500 High Dividend ETF comprises approximately 0.1% of Parker Investment Management LLC’s investment portfolio, making the stock its 26th biggest holding.

A number of other institutional investors also recently bought and sold shares of the stock. IFP Advisors Inc purchased a new position in SPDR Portfolio S&P 500 High Dividend ETF during the second quarter worth $35,000. Access Investment Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 2nd quarter worth about $42,000. AdvisorNet Financial Inc boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 77.5% during the 3rd quarter. AdvisorNet Financial Inc now owns 985 shares of the company’s stock worth $43,000 after purchasing an additional 430 shares during the period. Vermillion Wealth Management Inc. grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 252.9% during the 3rd quarter. Vermillion Wealth Management Inc. now owns 1,080 shares of the company’s stock valued at $48,000 after purchasing an additional 774 shares during the last quarter. Finally, Westside Investment Management Inc. grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 116.7% during the 2nd quarter. Westside Investment Management Inc. now owns 1,950 shares of the company’s stock valued at $83,000 after purchasing an additional 1,050 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

SPYD opened at $45.25 on Tuesday. The stock has a market cap of $7.50 billion, a price-to-earnings ratio of 15.73 and a beta of 0.84. The stock’s 50 day moving average price is $44.03 and its 200-day moving average price is $43.77. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $37.92 and a one year high of $45.48.

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.