Farther Finance Advisors LLC Has $1.56 Million Holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Farther Finance Advisors LLC reduced its position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 4.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,342 shares of the company’s stock after selling 1,500 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,560,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in SPDR Portfolio S&P 500 High Dividend ETF by 38.9% in the 4th quarter. JPMorgan Chase & Co. now owns 325,212 shares of the company’s stock worth $14,062,000 after purchasing an additional 91,129 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 65.2% during the 4th quarter. Jones Financial Companies Lllp now owns 9,368 shares of the company’s stock valued at $405,000 after acquiring an additional 3,698 shares during the last quarter. AllSquare Wealth Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 7.9% during the 4th quarter. AllSquare Wealth Management LLC now owns 6,183 shares of the company’s stock valued at $267,000 after acquiring an additional 455 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 30.8% during the 4th quarter. Integrated Wealth Concepts LLC now owns 157,605 shares of the company’s stock valued at $6,815,000 after acquiring an additional 37,101 shares during the last quarter. Finally, Colonial Trust Co SC acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter valued at about $75,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of NYSEARCA SPYD opened at $42.85 on Thursday. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 17.74 and a beta of 0.84. The business’s 50-day simple moving average is $41.78 and its 200-day simple moving average is $43.38. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $37.92 and a 52 week high of $47.52.

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.