SBI Securities Co. Ltd. Sells 23,371 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

SBI Securities Co. Ltd. reduced its position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 1.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,528,759 shares of the company’s stock after selling 23,371 shares during the quarter. SPDR Portfolio S&P 500 High Dividend ETF makes up approximately 1.7% of SBI Securities Co. Ltd.’s holdings, making the stock its 13th biggest holding. SBI Securities Co. Ltd.’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $66,119,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SPYD. Baird Financial Group Inc. raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 8.0% in the 2nd quarter. Baird Financial Group Inc. now owns 49,563 shares of the company’s stock worth $2,103,000 after purchasing an additional 3,655 shares in the last quarter. Brown Advisory Inc. raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 23.6% in the 2nd quarter. Brown Advisory Inc. now owns 10,955 shares of the company’s stock worth $465,000 after purchasing an additional 2,090 shares in the last quarter. NewEdge Advisors LLC raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 3.0% in the 2nd quarter. NewEdge Advisors LLC now owns 100,812 shares of the company’s stock worth $4,278,000 after purchasing an additional 2,902 shares in the last quarter. Main Street Financial Solutions LLC raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 2.7% in the 2nd quarter. Main Street Financial Solutions LLC now owns 20,996 shares of the company’s stock worth $891,000 after purchasing an additional 546 shares in the last quarter. Finally, HUB Investment Partners LLC raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 11.7% in the 2nd quarter. HUB Investment Partners LLC now owns 5,622 shares of the company’s stock worth $239,000 after purchasing an additional 588 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Trading Up 0.8%

Shares of NYSEARCA SPYD opened at $46.88 on Wednesday. SPDR Portfolio S&P 500 High Dividend ETF has a 12 month low of $41.44 and a 12 month high of $48.53. The firm has a market capitalization of $7.36 billion, a PE ratio of 15.73 and a beta of 0.72. The firm has a fifty day simple moving average of $46.19 and a two-hundred day simple moving average of $44.91.

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.