HBW Advisory Services LLC Makes New Investment in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

HBW Advisory Services LLC acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 39,677 shares of the company’s stock, valued at approximately $1,800,000.

Several other institutional investors and hedge funds have also made changes to their positions in SPYD. Triumph Capital Management grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 22.7% during the third quarter. Triumph Capital Management now owns 1,348 shares of the company’s stock valued at $61,000 after buying an additional 249 shares during the last quarter. Corient Private Wealth LP increased its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 0.3% in the 2nd quarter. Corient Private Wealth LP now owns 88,796 shares of the company’s stock valued at $4,236,000 after acquiring an additional 261 shares during the period. Kestra Private Wealth Services LLC raised its stake in SPDR Portfolio S&P 500 High Dividend ETF by 2.7% in the 1st quarter. Kestra Private Wealth Services LLC now owns 11,771 shares of the company’s stock worth $536,000 after acquiring an additional 310 shares during the last quarter. MFG Wealth Management Inc. raised its stake in SPDR Portfolio S&P 500 High Dividend ETF by 0.7% in the 2nd quarter. MFG Wealth Management Inc. now owns 48,918 shares of the company’s stock worth $2,334,000 after acquiring an additional 332 shares during the last quarter. Finally, Laurel Oak Wealth Management LLC raised its stake in SPDR Portfolio S&P 500 High Dividend ETF by 6.5% in the 1st quarter. Laurel Oak Wealth Management LLC now owns 6,562 shares of the company’s stock worth $299,000 after acquiring an additional 403 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of SPYD opened at $46.15 on Thursday. The stock has a 50-day moving average of $48.23 and a two-hundred day moving average of $47.79. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $41.87 and a one year high of $50.90. The stock has a market cap of $7.19 billion, a P/E ratio of 15.73 and a beta of 0.73.

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.