WealthPlan Investment Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 76,241 shares of the company’s stock, valued at approximately $3,459,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Kellett Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 3rd quarter valued at about $209,000. HBW Advisory Services LLC acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter worth about $1,800,000. Triumph Capital Management lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 22.7% during 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 last quarter. Accel Wealth Management purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the third quarter worth approximately $224,000. Finally, Cascade Investment Group Inc. purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the third quarter worth approximately $1,374,000.
SPDR Portfolio S&P 500 High Dividend ETF Trading Up 1.7%
Shares of NYSEARCA SPYD traded up $0.78 during mid-day trading on Thursday, reaching $46.92. The company had a trading volume of 720,352 shares, compared to its average volume of 1,377,380. SPDR Portfolio S&P 500 High Dividend ETF has a 52-week low of $41.87 and a 52-week high of $50.90. The stock has a market cap of $7.31 billion, a P/E ratio of 15.73 and a beta of 0.73. The firm has a 50 day simple moving average of $48.23 and a two-hundred day simple moving average of $47.79.
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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