Barry Investment Advisors LLC reduced its holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) by 97.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,699 shares of the company’s stock after selling 370,630 shares during the quarter. Barry Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $396,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in SPYD. Modus Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter valued at $28,000. Sound Income Strategies LLC lifted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 277.8% during the 4th quarter. Sound Income Strategies LLC now owns 816 shares of the company’s stock valued at $37,000 after acquiring an additional 600 shares during the last quarter. SHP Wealth Management bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter worth $43,000. IFP Advisors Inc boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 58.3% during the 3rd quarter. IFP Advisors Inc now owns 1,319 shares of the company’s stock worth $58,000 after acquiring an additional 486 shares in the last quarter. Finally, Colonial Trust Advisors acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 4th quarter worth $65,000.
SPDR Portfolio S&P 500 High Dividend ETF Price Performance
Shares of NYSEARCA SPYD opened at $48.60 on Monday. The stock’s fifty day simple moving average is $47.25 and its 200 day simple moving average is $46.10. The stock has a market capitalization of $7.63 billion, a price-to-earnings ratio of 15.73 and a beta of 0.71. SPDR Portfolio S&P 500 High Dividend ETF has a 52-week low of $41.87 and a 52-week high of $49.21.
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.
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