World Investment Advisors Raises Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

World Investment Advisors increased its holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 905.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 77,063 shares of the company’s stock after buying an additional 69,398 shares during the period. World Investment Advisors’ holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $3,333,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Modus Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter worth $28,000. Optiver Holding B.V. purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the third quarter worth $31,000. Sound Income Strategies LLC raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 277.8% in the fourth quarter. Sound Income Strategies LLC now owns 816 shares of the company’s stock worth $37,000 after buying an additional 600 shares in the last quarter. SHP Wealth Management purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter worth $43,000. Finally, IFP Advisors Inc raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 58.3% in the third quarter. IFP Advisors Inc now owns 1,319 shares of the company’s stock worth $58,000 after buying an additional 486 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of SPYD stock opened at $47.54 on Thursday. SPDR Portfolio S&P 500 High Dividend ETF has a 52-week low of $41.68 and a 52-week high of $49.21. The company has a market capitalization of $7.46 billion, a PE ratio of 15.73 and a beta of 0.71. The business’s fifty day moving average is $46.97 and its 200 day moving average is $45.88.

SPDR Portfolio S&P 500 High Dividend ETF 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.