Gateway Wealth Partners LLC Buys 69,064 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Gateway Wealth Partners LLC boosted its holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 95.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 141,552 shares of the company’s stock after buying an additional 69,064 shares during the quarter. Gateway Wealth Partners LLC owned approximately 0.09% of SPDR Portfolio S&P 500 High Dividend ETF worth $6,443,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Wealthspire Advisors LLC grew its stake in SPDR Portfolio S&P 500 High Dividend ETF by 0.4% during the fourth quarter. Wealthspire Advisors LLC now owns 58,443 shares of the company’s stock worth $2,528,000 after purchasing an additional 220 shares during the period. Caitlin John LLC boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 3.8% during the 4th quarter. Caitlin John LLC now owns 6,114 shares of the company’s stock worth $264,000 after buying an additional 226 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 0.7% during the 4th quarter. Kestra Advisory Services LLC now owns 36,525 shares of the company’s stock worth $1,580,000 after buying an additional 239 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.9% during the 4th quarter. J.W. Cole Advisors Inc. now owns 13,326 shares of the company’s stock worth $550,000 after buying an additional 248 shares during the period. Finally, Global Retirement Partners LLC grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.6% during the 4th quarter. Global Retirement Partners LLC now owns 10,585 shares of the company’s stock worth $458,000 after buying an additional 267 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

SPDR Portfolio S&P 500 High Dividend ETF stock opened at $49.75 on Monday. The company has a market capitalization of $7.65 billion, a PE ratio of 15.73 and a beta of 0.71. SPDR Portfolio S&P 500 High Dividend ETF has a 12-month low of $41.87 and a 12-month high of $50.25. The firm’s fifty day moving average is $48.12 and its 200 day moving average is $46.81.

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.