D.A. Davidson & CO. bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 104,375 shares of the company’s stock, valued at approximately $4,736,000.
Several other hedge funds have also recently made changes to their positions in SPYD. Bank of America Corp DE increased its position in SPDR Portfolio S&P 500 High Dividend ETF by 0.9% during the 1st quarter. Bank of America Corp DE now owns 3,356,512 shares of the company’s stock valued at $152,788,000 after purchasing an additional 30,295 shares during the period. Vantagepoint Investment Advisers LLC purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 3rd quarter worth about $150,407,000. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 7.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 790,973 shares of the company’s stock worth $37,737,000 after purchasing an additional 56,418 shares during the period. Cetera Investment Advisers boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 9.0% during the 1st quarter. Cetera Investment Advisers now owns 341,655 shares of the company’s stock valued at $15,552,000 after purchasing an additional 28,297 shares in the last quarter. Finally, Tidal Investments LLC bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at about $14,159,000.
SPDR Portfolio S&P 500 High Dividend ETF Price Performance
Shares of NYSEARCA SPYD opened at $49.06 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $41.87 and a 1 year high of $50.90. The company’s 50-day moving average is $47.76 and its 200 day moving average is $47.41. The stock has a market capitalization of $7.62 billion, a P/E ratio of 15.73 and a beta of 0.73.
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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