Independent Financial Group LLC bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) during the first quarter, HoldingsChannel.com reports. The fund bought 12,162 shares of the company’s stock, valued at approximately $554,000.
Several other institutional investors have also recently bought and sold shares of SPYD. Auto Owners Insurance Co raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 5,697.4% during the 4th quarter. Auto Owners Insurance Co now owns 118,847,500 shares of the company’s stock worth $5,140,154,000 after purchasing an additional 116,797,500 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.0% during the fourth quarter. LPL Financial LLC now owns 4,524,639 shares of the company’s stock worth $195,691,000 after buying an additional 43,656 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 7.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,040,675 shares of the company’s stock valued at $177,792,000 after purchasing an additional 276,334 shares during the period. Bank of America Corp DE grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.8% during the 3rd quarter. Bank of America Corp DE now owns 3,178,541 shares of the company’s stock worth $139,856,000 after purchasing an additional 55,984 shares in the last quarter. Finally, Morgan Stanley increased its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 4.3% during the fourth quarter. Morgan Stanley now owns 1,546,240 shares of the company’s stock worth $66,875,000 after purchasing an additional 63,369 shares during the period.
SPDR Portfolio S&P 500 High Dividend ETF Price Performance
SPDR Portfolio S&P 500 High Dividend ETF stock opened at $49.52 on Thursday. The firm has a market cap of $7.63 billion, a PE ratio of 15.73 and a beta of 0.71. The stock’s fifty day moving average price is $48.00 and its two-hundred day moving average price is $46.73. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $41.87 and a one year high of $50.25.
SPDR Portfolio S&P 500 High Dividend ETF Company 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.
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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).
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