LPL Financial LLC Increases Stock Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

LPL Financial LLC increased its position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,524,639 shares of the company’s stock after purchasing an additional 43,656 shares during the quarter. LPL Financial LLC owned 2.73% of SPDR Portfolio S&P 500 High Dividend ETF worth $195,691,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. J.W. Cole Advisors Inc. boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.9% in the fourth quarter. J.W. Cole Advisors Inc. now owns 13,326 shares of the company’s stock valued at $550,000 after purchasing an additional 248 shares during the period. Global Retirement Partners LLC boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.6% in the fourth quarter. Global Retirement Partners LLC now owns 10,585 shares of the company’s stock valued at $458,000 after purchasing an additional 267 shares during the period. Advisory Services Network LLC boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.4% in the third quarter. Advisory Services Network LLC now owns 11,630 shares of the company’s stock valued at $512,000 after purchasing an additional 271 shares during the period. AlphaCore Capital LLC boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 9.5% during the 3rd quarter. AlphaCore Capital LLC now owns 3,143 shares of the company’s stock valued at $138,000 after acquiring an additional 273 shares during the last quarter. Finally, Oarsman Capital Inc. boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 2.7% during the 3rd quarter. Oarsman Capital Inc. now owns 11,230 shares of the company’s stock valued at $494,000 after acquiring an additional 297 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

NYSEARCA SPYD opened at $48.19 on Wednesday. SPDR Portfolio S&P 500 High Dividend ETF has a 12 month low of $41.68 and a 12 month high of $48.53. The company has a market capitalization of $7.57 billion, a price-to-earnings ratio of 15.73 and a beta of 0.71. The company’s fifty day moving average price is $46.62 and its two-hundred day moving average price is $45.66.

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.