Freedom Investment Management Inc. Has $1.40 Million Stock Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Freedom Investment Management Inc. trimmed its position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 2.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,036 shares of the company’s stock after selling 866 shares during the quarter. Freedom Investment Management Inc.’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,402,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its position in SPDR Portfolio S&P 500 High Dividend ETF by 1.1% in the first quarter. Ameriprise Financial Inc. now owns 2,868,008 shares of the company’s stock worth $126,946,000 after purchasing an additional 29,862 shares during the period. SBI Securities Co. Ltd. increased its position in SPDR Portfolio S&P 500 High Dividend ETF by 1.9% in the first quarter. SBI Securities Co. Ltd. now owns 1,527,178 shares of the company’s stock worth $67,593,000 after purchasing an additional 29,003 shares during the period. First Command Advisory Services Inc. increased its position in SPDR Portfolio S&P 500 High Dividend ETF by 7.4% in the first quarter. First Command Advisory Services Inc. now owns 835,116 shares of the company’s stock worth $36,962,000 after purchasing an additional 57,232 shares during the period. Barry Investment Advisors LLC increased its position in SPDR Portfolio S&P 500 High Dividend ETF by 5.3% in the second quarter. Barry Investment Advisors LLC now owns 375,953 shares of the company’s stock worth $15,955,000 after purchasing an additional 18,935 shares during the period. Finally, Dakota Wealth Management boosted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 7.8% during the second quarter. Dakota Wealth Management now owns 333,498 shares of the company’s stock worth $14,154,000 after buying an additional 24,158 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Trading Down 0.0%

Shares of SPYD opened at $43.82 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $37.92 and a 1 year high of $47.52. The stock has a market cap of $7.34 billion, a P/E ratio of 15.73 and a beta of 0.99. The stock’s 50-day moving average price is $44.09 and its two-hundred day moving average price is $43.00.

SPDR Portfolio S&P 500 High Dividend ETF Company 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.