SPDR Portfolio S&P 500 High Dividend ETF $SPYD Shares Sold by RDA Financial Network

RDA Financial Network lowered its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 14.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,738 shares of the company’s stock after selling 3,650 shares during the period. RDA Financial Network’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $923,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPYD. Financial Gravity Asset Management Inc. acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the first quarter worth $11,665,000. Elite Financial Inc. lifted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 159.0% in the 1st quarter. Elite Financial Inc. now owns 191,884 shares of the company’s stock valued at $8,492,000 after purchasing an additional 117,803 shares during the last quarter. First Command Advisory Services Inc. lifted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 7.4% in the 1st quarter. First Command Advisory Services Inc. now owns 835,116 shares of the company’s stock valued at $36,962,000 after purchasing an additional 57,232 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.1% in the 1st quarter. Ameriprise Financial Inc. now owns 2,868,008 shares of the company’s stock valued at $126,946,000 after purchasing an additional 29,862 shares during the last quarter. Finally, SBI Securities Co. Ltd. lifted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.9% in the 1st quarter. SBI Securities Co. Ltd. now owns 1,527,178 shares of the company’s stock valued at $67,593,000 after purchasing an additional 29,003 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Down 0.6%

Shares of SPDR Portfolio S&P 500 High Dividend ETF stock opened at $44.65 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $37.92 and a 52 week high of $47.52. The business’s fifty day simple moving average is $43.88 and its 200-day simple moving average is $43.01. The firm has a market cap of $7.92 billion, a PE ratio of 15.73 and a beta of 0.99.

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.