PNC Financial Services Group Inc. Has $3.46 Million Holdings in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

PNC Financial Services Group Inc. grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 2,870.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 76,005 shares of the company’s stock after purchasing an additional 73,446 shares during the quarter. PNC Financial Services Group Inc.’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $3,460,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Apollon Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 80.0% during the fourth quarter. Apollon Wealth Management LLC now owns 28,703 shares of the company’s stock worth $1,241,000 after purchasing an additional 12,761 shares during the period. Phoenix Wealth Advisors raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 41.9% in the fourth quarter. Phoenix Wealth Advisors now owns 61,016 shares of the company’s stock valued at $2,639,000 after purchasing an additional 18,020 shares during the period. V2 Financial group LLC raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 284.1% in the fourth quarter. V2 Financial group LLC now owns 28,613 shares of the company’s stock valued at $1,237,000 after purchasing an additional 21,163 shares during the period. Curran Financial Partners LLC lifted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 7.1% during the 4th quarter. Curran Financial Partners LLC now owns 519,643 shares of the company’s stock worth $22,475,000 after buying an additional 34,541 shares during the last quarter. Finally, Greenberg Financial Group acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter worth about $2,585,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of SPYD stock opened at $50.54 on Wednesday. The company has a market capitalization of $7.78 billion, a price-to-earnings ratio of 15.73 and a beta of 0.71. The company has a 50-day simple moving average of $48.25 and a 200 day simple moving average of $46.90. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $41.87 and a 52 week high of $50.90.

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.