SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $47.12 and last traded at $47.0870, with a volume of 3039608 shares trading hands. The stock had previously closed at $47.03.
SPDR Portfolio S&P 500 High Dividend ETF Stock Performance
The stock’s 50 day simple moving average is $44.32 and its 200 day simple moving average is $43.87. The firm has a market cap of $7.79 billion, a PE ratio of 15.73 and a beta of 0.84.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in SPYD. Vantagepoint Investment Advisers LLC bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the third quarter worth about $187,209,000. Ameriprise Financial Inc. raised its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 7.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,040,675 shares of the company’s stock valued at $177,792,000 after buying an additional 276,334 shares in the last quarter. Bank of America Corp DE lifted its position in SPDR Portfolio S&P 500 High Dividend ETF by 1.8% in the 3rd quarter. Bank of America Corp DE now owns 3,178,541 shares of the company’s stock worth $139,856,000 after buying an additional 55,984 shares during the last quarter. SBI Securities Co. Ltd. lifted its position in SPDR Portfolio S&P 500 High Dividend ETF by 1.1% in the 3rd quarter. SBI Securities Co. Ltd. now owns 1,552,130 shares of the company’s stock worth $68,294,000 after buying an additional 17,291 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the third quarter worth approximately $52,565,000.
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.
Further Reading
- Five stocks we like better than SPDR Portfolio S&P 500 High Dividend ETF
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Your Bank Account Is No Longer Safe
- The day the gold market broke
- What a Former CIA Agent Knows About the Coming Collapse
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
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.
