Mesirow Financial Investment Management Inc. Lowers Stock Holdings in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Mesirow Financial Investment Management Inc. cut its position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 28.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,229 shares of the company’s stock after selling 34,575 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $3,686,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Armstrong Advisory Group Inc. purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter worth about $949,000. Greenberg Financial Group acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter worth about $2,585,000. V2 Financial group LLC boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 284.1% in the fourth quarter. V2 Financial group LLC now owns 28,613 shares of the company’s stock valued at $1,237,000 after purchasing an additional 21,163 shares during the period. Phoenix Wealth Advisors grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 41.9% in the fourth quarter. Phoenix Wealth Advisors now owns 61,016 shares of the company’s stock valued at $2,639,000 after purchasing an additional 18,020 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the third quarter valued at approximately $187,209,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Up 0.0%

Shares of SPYD opened at $46.64 on Friday. The company has a market cap of $7.32 billion, a P/E ratio of 15.73 and a beta of 0.72. SPDR Portfolio S&P 500 High Dividend ETF has a fifty-two week low of $41.44 and a fifty-two week high of $48.53. The firm’s 50 day moving average price is $46.04 and its 200 day moving average price is $45.06.

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.