White Pine Capital LLC Decreases Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

White Pine Capital LLC reduced its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 4.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,699 shares of the company’s stock after selling 2,687 shares during the period. SPDR Portfolio S&P 500 High Dividend ETF accounts for about 0.8% of White Pine Capital LLC’s holdings, making the stock its 29th biggest position. White Pine Capital LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $2,576,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYD. Perennial Investment Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 2nd quarter valued at $237,000. Western Wealth Management LLC lifted its position in SPDR Portfolio S&P 500 High Dividend ETF by 10.8% in the second quarter. Western Wealth Management LLC now owns 43,236 shares of the company’s stock valued at $1,835,000 after acquiring an additional 4,214 shares during the last quarter. Financial Gravity Companies Inc. acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF in the second quarter valued at $11,975,000. Rockefeller Capital Management L.P. grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 27.0% during the second quarter. Rockefeller Capital Management L.P. now owns 76,794 shares of the company’s stock worth $3,259,000 after purchasing an additional 16,306 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.0% during the second quarter. Kingsview Wealth Management LLC now owns 31,466 shares of the company’s stock worth $1,335,000 after purchasing an additional 619 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

SPDR Portfolio S&P 500 High Dividend ETF stock opened at $41.96 on Friday. The company has a market capitalization of $7.05 billion, a P/E ratio of 15.73 and a beta of 0.84. SPDR Portfolio S&P 500 High Dividend ETF has a fifty-two week low of $37.92 and a fifty-two week high of $47.52. The stock has a 50-day simple moving average of $43.37 and a 200-day simple moving average of $43.26.

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.