Cascade Investment Group Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,281 shares of the company’s stock, valued at approximately $1,374,000.
A number of other institutional investors also recently bought and sold shares of SPYD. Venture Visionary Partners LLC purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the third quarter valued at approximately $5,400,000. Envestnet Asset Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 7.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 790,973 shares of the company’s stock worth $37,737,000 after acquiring an additional 56,418 shares during the last quarter. MidFirst Bank purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter worth $606,000. Heartwood Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter worth $4,487,000. Finally, Tidal Investments LLC bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at $14,159,000.
SPDR Portfolio S&P 500 High Dividend ETF Stock Performance
Shares of SPYD stock traded up $0.02 during mid-day trading on Tuesday, reaching $46.00. 453,057 shares of the company’s stock traded hands, compared to its average volume of 1,381,211. SPDR Portfolio S&P 500 High Dividend ETF has a 12 month low of $41.87 and a 12 month high of $50.90. The firm has a 50 day moving average price of $48.39 and a two-hundred day moving average price of $47.77. The firm has a market capitalization of $7.15 billion, a PE ratio of 15.73 and a beta of 0.73.
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.
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