SPDR Portfolio S&P 500 High Dividend ETF $SPYD Shares Sold by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. cut its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 12.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 106,179 shares of the company’s stock after selling 14,791 shares during the period. Jefferies Financial Group Inc.’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $4,672,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of Montreal Can boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 4.3% during the second quarter. Bank of Montreal Can now owns 28,580 shares of the company’s stock worth $1,213,000 after buying an additional 1,174 shares during the last quarter. AE Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 8.3% in the 2nd quarter. AE Wealth Management LLC now owns 99,045 shares of the company’s stock worth $4,203,000 after acquiring an additional 7,599 shares during the last quarter. Prospera Financial Services Inc increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 188.4% in the 2nd quarter. Prospera Financial Services Inc now owns 53,127 shares of the company’s stock worth $2,255,000 after acquiring an additional 34,704 shares during the last quarter. PFG Advisors raised its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 73.9% during the 2nd quarter. PFG Advisors now owns 17,283 shares of the company’s stock worth $733,000 after acquiring an additional 7,346 shares during the period. Finally, SBI Securities Co. Ltd. raised its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 0.5% during the 2nd quarter. SBI Securities Co. Ltd. now owns 1,534,839 shares of the company’s stock worth $65,139,000 after acquiring an additional 7,661 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Trading Down 0.7%

Shares of SPYD stock opened at $46.75 on Tuesday. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $37.92 and a twelve month high of $48.53. The company’s 50-day moving average price is $45.98 and its 200-day moving average price is $44.47. The stock has a market cap of $7.74 billion, a price-to-earnings ratio of 15.73 and a beta of 0.84.

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.