Principle Wealth Partners LLC Reduces Holdings in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Principle Wealth Partners LLC decreased its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 54.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 9,315 shares of the company’s stock after selling 11,350 shares during the period. Principle Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $403,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Optiver Holding B.V. purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the third quarter worth about $31,000. Sound Income Strategies LLC grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 277.8% during the fourth quarter. Sound Income Strategies LLC now owns 816 shares of the company’s stock worth $37,000 after acquiring an additional 600 shares during the last quarter. IFP Advisors Inc grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 58.3% during the third quarter. IFP Advisors Inc now owns 1,319 shares of the company’s stock worth $58,000 after acquiring an additional 486 shares during the last quarter. Triumph Capital Management purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the third quarter worth about $70,000. Finally, Miller Global Investments LLC purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter worth about $94,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of SPYD stock opened at $47.71 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a fifty-two week low of $41.44 and a fifty-two week high of $48.53. The firm has a market capitalization of $7.49 billion, a price-to-earnings ratio of 15.73 and a beta of 0.72. The stock’s 50-day simple moving average is $46.05 and its 200-day simple moving average is $45.21.

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.