Phoenix Wealth Advisors raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) by 41.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 61,016 shares of the company’s stock after acquiring an additional 18,020 shares during the quarter. SPDR Portfolio S&P 500 High Dividend ETF makes up 1.0% of Phoenix Wealth Advisors’ holdings, making the stock its 25th largest holding. Phoenix Wealth Advisors’ holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $2,639,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Baird Financial Group Inc. grew its position in shares of 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 worth $2,103,000 after buying an additional 3,655 shares in the last quarter. Brown Advisory Inc. grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 23.6% during the 2nd quarter. Brown Advisory Inc. now owns 10,955 shares of the company’s stock worth $465,000 after buying an additional 2,090 shares in the last quarter. Daiwa Securities Group Inc. grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 208.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 194,578 shares of the company’s stock worth $8,258,000 after buying an additional 131,411 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 3.0% during the 2nd quarter. NewEdge Advisors LLC now owns 100,812 shares of the company’s stock worth $4,278,000 after buying an additional 2,902 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 20,996 shares of the company’s stock worth $891,000 after buying an additional 546 shares in the last quarter.
SPDR Portfolio S&P 500 High Dividend ETF Trading Up 0.8%
SPYD opened at $45.93 on Thursday. SPDR Portfolio S&P 500 High Dividend ETF has a 12-month low of $37.92 and a 12-month high of $48.53. The business’s fifty day simple moving average is $46.46 and its 200-day simple moving average is $44.60. The company has a market capitalization of $7.11 billion, a price-to-earnings ratio of 15.73 and a beta of 0.80.
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.
Further Reading
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