IFG Advisory LLC Purchases 2,525 Shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

IFG Advisory LLC boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 6.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,831 shares of the company’s stock after acquiring an additional 2,525 shares during the quarter. IFG Advisory LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,718,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Reitz Capital Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 18.9% during the fourth quarter. Reitz Capital Advisors LLC now owns 20,488 shares of the company’s stock worth $803,000 after buying an additional 3,259 shares during the last quarter. Anchor Investment Management LLC bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter valued at approximately $59,000. Ameriprise Financial Inc. raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 15.6% in the third quarter. Ameriprise Financial Inc. now owns 569,987 shares of the company’s stock worth $20,016,000 after purchasing an additional 76,763 shares during the period. Cary Street Partners Investment Advisory LLC increased its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 4.8% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 7,262 shares of the company’s stock valued at $255,000 after buying an additional 330 shares in the last quarter. Finally, SWS Partners lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 3.1% during the third quarter. SWS Partners now owns 192,846 shares of the company’s stock worth $6,763,000 after acquiring an additional 5,739 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Trading Up 2.6 %

SPYD opened at $40.40 on Thursday. The firm’s fifty day simple moving average is $38.95 and its 200 day simple moving average is $37.30. The stock has a market capitalization of $7.15 billion, a P/E ratio of 10.10 and a beta of 0.99. SPDR Portfolio S&P 500 High Dividend ETF has a 12 month low of $32.88 and a 12 month high of $40.39.

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.