Principle Wealth Partners LLC Cuts Stock Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Principle Wealth Partners LLC lessened its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 54.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. purchased a new position in SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter valued at about $949,000. Phoenix Wealth Advisors raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 41.9% during the 4th quarter. Phoenix Wealth Advisors now owns 61,016 shares of the company’s stock worth $2,639,000 after acquiring an additional 18,020 shares in the last quarter. Apollon Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 80.0% during the 4th quarter. Apollon Wealth Management LLC now owns 28,703 shares of the company’s stock worth $1,241,000 after acquiring an additional 12,761 shares in the last quarter. Greenberg Financial Group bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter worth approximately $2,585,000. Finally, V2 Financial group LLC raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 284.1% during the 4th quarter. V2 Financial group LLC now owns 28,613 shares of the company’s stock worth $1,237,000 after acquiring an additional 21,163 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Up 1.0%

NYSEARCA SPYD opened at $47.71 on Friday. The firm has a market cap of $7.49 billion, a PE ratio of 15.73 and a beta of 0.72. The company has a 50 day moving average price of $46.05 and a 200 day moving average price of $45.21. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $41.44 and a 52 week high of $48.53.

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.