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 its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 76,241 shares of the company’s stock, valued at approximately $3,459,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Compass Financial Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 2nd quarter valued at $30,000. Tompkins Financial Corp acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF in the 3rd quarter valued at about $31,000. SHP Wealth Management acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF in the 4th quarter valued at about $43,000. Highland Investment Advisors LLC acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF in the 2nd quarter valued at about $51,000. Finally, Matrix Private Capital Group LLC purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the first quarter worth about $53,000.
SPDR Portfolio S&P 500 High Dividend ETF Stock Up 1.7%
NYSEARCA:SPYD traded up $0.78 on Thursday, reaching $46.92. 720,352 shares of the company’s stock were exchanged, compared to its average volume of 1,377,380. The firm has a market capitalization of $7.31 billion, a price-to-earnings ratio of 15.73 and a beta of 0.73. 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 business has a fifty day moving average of $48.23 and a 200-day moving average of $47.79.
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.
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