Financial Gravity Asset Management Inc. boosted its holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) by 9.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 298,193 shares of the company’s stock after buying an additional 25,511 shares during the period. SPDR Portfolio S&P 500 High Dividend ETF accounts for approximately 2.5% of Financial Gravity Asset Management Inc.’s holdings, making the stock its 13th biggest position. Financial Gravity Asset Management Inc. owned about 0.18% of SPDR Portfolio S&P 500 High Dividend ETF worth $12,897,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of the business. Wealthspire Advisors LLC increased its stake in SPDR Portfolio S&P 500 High Dividend ETF by 0.4% in the 4th quarter. Wealthspire Advisors LLC now owns 58,443 shares of the company’s stock worth $2,528,000 after buying an additional 220 shares in the last quarter. Kestra Advisory Services LLC increased its stake in SPDR Portfolio S&P 500 High Dividend ETF by 0.7% in the 4th quarter. Kestra Advisory Services LLC now owns 36,525 shares of the company’s stock worth $1,580,000 after buying an additional 239 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.9% during the fourth quarter. J.W. Cole Advisors Inc. now owns 13,326 shares of the company’s stock valued at $550,000 after purchasing an additional 248 shares in the last quarter. Global Retirement Partners LLC grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.6% during the fourth quarter. Global Retirement Partners LLC now owns 10,585 shares of the company’s stock valued at $458,000 after purchasing an additional 267 shares in the last quarter. Finally, Advisory Services Network LLC grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.4% during the third quarter. Advisory Services Network LLC now owns 11,630 shares of the company’s stock valued at $512,000 after purchasing an additional 271 shares in the last quarter.
SPDR Portfolio S&P 500 High Dividend ETF Stock Up 1.0%
Shares of SPDR Portfolio S&P 500 High Dividend ETF stock opened at $49.12 on Friday. The firm has a market cap of $7.71 billion, a price-to-earnings ratio of 15.73 and a beta of 0.71. The business has a 50-day moving average price of $46.82 and a 200-day moving average price of $45.77. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $41.68 and a twelve month high of $49.21.
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.
Featured Articles
- Five stocks we like better than SPDR Portfolio S&P 500 High Dividend ETF
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for SPDR Portfolio S&P 500 High Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 High Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
