Flagship Harbor Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 222,314 shares of the company’s stock, valued at approximately $10,086,000.
Other large investors also recently added to or reduced their stakes in the company. Compass Financial Management LLC purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the 2nd quarter valued at $30,000. Tompkins Financial Corp purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter worth $31,000. Highland Investment Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter worth $51,000. Matrix Private Capital Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 1st quarter worth $53,000. Finally, Clearstead Trust LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter worth $64,000.
SPDR Portfolio S&P 500 High Dividend ETF Trading Down 0.1%
Shares of SPYD stock opened at $48.52 on Tuesday. The company’s 50-day moving average price is $47.92 and its 200-day moving average price is $47.30. The stock has a market cap of $7.54 billion, a price-to-earnings ratio of 15.73 and a beta of 0.73. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $41.87 and a twelve month high of $50.90.
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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Want to see what other hedge funds are holding SPYD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report).
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