Valley Wealth Managers Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 91,146 shares of the company’s stock, valued at approximately $3,942,000. Valley Wealth Managers Inc. owned about 0.05% of SPDR Portfolio S&P 500 High Dividend ETF as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Armstrong Advisory Group Inc. bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter valued at about $949,000. Greenberg Financial Group bought a new position in SPDR Portfolio S&P 500 High Dividend ETF in the 4th quarter worth about $2,585,000. V2 Financial group LLC increased its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 284.1% during the fourth quarter. V2 Financial group LLC now owns 28,613 shares of the company’s stock worth $1,237,000 after acquiring an additional 21,163 shares during the period. Vantagepoint Investment Advisers LLC bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the third quarter valued at approximately $187,209,000. Finally, First Commonwealth Financial Corp PA bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the third quarter valued at approximately $526,000.
SPDR Portfolio S&P 500 High Dividend ETF Stock Performance
Shares of NYSEARCA SPYD opened at $46.66 on Tuesday. SPDR Portfolio S&P 500 High Dividend ETF has a 52-week low of $41.44 and a 52-week high of $48.53. The firm has a market capitalization of $7.33 billion, a price-to-earnings ratio of 15.73 and a beta of 0.72. The stock has a 50 day moving average price of $46.11 and a 200 day moving average price of $45.01.
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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