International Assets Investment Management LLC Makes New Investment in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

International Assets Investment Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 50,000 shares of the company’s stock, valued at approximately $2,268,000.

Several other institutional investors have also modified their holdings of the company. Bank of America Corp DE grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 0.9% during the first quarter. Bank of America Corp DE now owns 3,356,512 shares of the company’s stock worth $152,788,000 after purchasing an additional 30,295 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 3rd quarter valued at about $150,407,000. Envestnet Asset Management Inc. increased its holdings 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 valued at $37,737,000 after acquiring an additional 56,418 shares during the last quarter. Cetera Investment Advisers raised its position 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 worth $15,552,000 after acquiring an additional 28,297 shares in the last quarter. Finally, Tidal Investments LLC acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter worth about $14,159,000.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

SPYD stock opened at $49.41 on Monday. The business has a 50 day moving average price of $47.69 and a 200 day moving average price of $47.54. The stock has a market cap of $7.71 billion, a price-to-earnings 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 $41.94 and a fifty-two week high of $51.10.

SPDR Portfolio S&P 500 High Dividend ETF 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.