Vantagepoint Investment Advisers LLC Acquires Shares of 4,254,743 SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Vantagepoint Investment Advisers LLC bought a new position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) in the 3rd quarter, Holdings Channel.com reports. The fund bought 4,254,743 shares of the company’s stock, valued at approximately $187,209,000.

A number of other institutional investors have also modified their holdings of the stock. Ameriprise Financial Inc. grew its stake in SPDR Portfolio S&P 500 High Dividend ETF by 31.3% in the second quarter. Ameriprise Financial Inc. now owns 3,764,341 shares of the company’s stock worth $159,716,000 after purchasing an additional 896,333 shares in the last quarter. Financial Gravity Companies Inc. acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the second quarter valued at approximately $11,975,000. Vestmark Advisory Solutions Inc. lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 43.0% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 455,944 shares of the company’s stock worth $19,350,000 after buying an additional 137,171 shares during the last quarter. Daiwa Securities Group Inc. grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 208.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 194,578 shares of the company’s stock worth $8,258,000 after acquiring an additional 131,411 shares in the last quarter. Finally, Corient Private Wealth LLC grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 103.0% in the 2nd quarter. Corient Private Wealth LLC now owns 197,990 shares of the company’s stock worth $8,403,000 after acquiring an additional 100,481 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

Shares of SPYD opened at $44.98 on Friday. The stock has a market capitalization of $7.47 billion, a PE ratio of 15.73 and a beta of 0.84. The business’s fifty day moving average price is $43.72 and its 200 day moving average price is $43.70. SPDR Portfolio S&P 500 High Dividend ETF has a 12-month low of $37.92 and a 12-month high of $45.48.

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.