SPDR Portfolio S&P 500 High Dividend ETF $SPYD Shares Sold by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC cut its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 68.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,145 shares of the company’s stock after selling 40,744 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $842,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the second quarter worth about $35,000. Access Investment Management LLC bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at $42,000. AdvisorNet Financial Inc raised its stake in SPDR Portfolio S&P 500 High Dividend ETF by 77.5% during the 3rd quarter. AdvisorNet Financial Inc now owns 985 shares of the company’s stock valued at $43,000 after acquiring an additional 430 shares in the last quarter. Vermillion Wealth Management Inc. boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 252.9% during the 3rd quarter. Vermillion Wealth Management Inc. now owns 1,080 shares of the company’s stock worth $48,000 after acquiring an additional 774 shares during the period. Finally, Westside Investment Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 116.7% in the second quarter. Westside Investment Management Inc. now owns 1,950 shares of the company’s stock worth $83,000 after purchasing an additional 1,050 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Up 1.4%

Shares of NYSEARCA SPYD opened at $47.03 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a fifty-two week low of $37.92 and a fifty-two week high of $47.08. The firm’s 50-day simple moving average is $44.25 and its 200 day simple moving average is $43.85. The stock has a market cap of $7.79 billion, a P/E ratio of 15.73 and a beta of 0.84.

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.