Level Four Advisory Services LLC grew its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) by 168.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 23,295 shares of the company’s stock after purchasing an additional 14,624 shares during the quarter. Level Four Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,025,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Optiver Holding B.V. purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 3rd quarter worth about $31,000. AdvisorNet Financial Inc increased 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 purchasing an additional 430 shares in the last quarter. Vermillion Wealth Management Inc. raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 252.9% in the third quarter. Vermillion Wealth Management Inc. now owns 1,080 shares of the company’s stock worth $48,000 after buying an additional 774 shares during the last quarter. Colonial Trust Co SC lifted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 20.5% in the third quarter. Colonial Trust Co SC now owns 2,947 shares of the company’s stock worth $129,000 after buying an additional 502 shares in the last quarter. Finally, AlphaCore Capital LLC grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 9.5% during the third quarter. AlphaCore Capital LLC now owns 3,143 shares of the company’s stock valued at $138,000 after buying an additional 273 shares during the last quarter.
SPDR Portfolio S&P 500 High Dividend ETF Stock Down 0.7%
Shares of SPYD opened at $47.30 on Friday. The company has a market capitalization of $7.83 billion, a P/E ratio of 15.73 and a beta of 0.84. The firm has a 50 day moving average of $45.84 and a 200 day moving average of $44.42. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $37.92 and a twelve month high of $48.53.
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.
See Also
- Five stocks we like better than SPDR Portfolio S&P 500 High Dividend ETF
- Silver Is the New Oil—And the World’s Running Dry
- BNZI stands out as a Zacks Buy. Earnings momentum and analyst upgrades align
- What happened in Cyprus could be coming here
- Elon Musk’s $1 Quadrillion AI IPO
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Want to see what other hedge funds are holding SPYD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report).
Receive News & Ratings for SPDR Portfolio S&P 500 High Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 High Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
