International Assets Investment Management LLC cut its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) by 24.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,536 shares of the company’s stock after selling 2,456 shares during the quarter. International Assets Investment Management LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $320,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYD. Golden State Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 103.2% during the 1st quarter. Golden State Wealth Management LLC now owns 575 shares of the company’s stock valued at $26,000 after buying an additional 292 shares in the last quarter. GSB Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 60.8% during the second quarter. GSB Wealth Management LLC now owns 788 shares of the company’s stock worth $33,000 after purchasing an additional 298 shares in the last quarter. IFP Advisors Inc bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at approximately $35,000. Westside Investment Management Inc. purchased a new position in SPDR Portfolio S&P 500 High Dividend ETF in the 1st quarter worth approximately $40,000. Finally, Wayfinding Financial LLC bought a new position in SPDR Portfolio S&P 500 High Dividend ETF in the 1st quarter worth approximately $72,000.
SPDR Portfolio S&P 500 High Dividend ETF Price Performance
Shares of SPYD opened at $43.83 on Thursday. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $37.92 and a 1 year high of $47.52. The company has a 50 day simple moving average of $44.09 and a two-hundred day simple moving average of $42.97. The firm has a market cap of $7.35 billion, a P/E ratio of 15.73 and a beta of 0.99.
SPDR Portfolio S&P 500 High Dividend ETF Company 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.
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