IFG Advisory LLC Sells 1,619 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

IFG Advisory LLC cut its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 3.5% during the second quarter, Holdings Channel.com reports. The firm owned 44,436 shares of the company’s stock after selling 1,619 shares during the period. IFG Advisory LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,886,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPYD. Golden State Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 103.2% during the first quarter. Golden State Wealth Management LLC now owns 575 shares of the company’s stock valued at $26,000 after purchasing an additional 292 shares in the last quarter. GSB Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 60.8% during the second quarter. GSB Wealth Management LLC now owns 788 shares of the company’s stock valued at $33,000 after purchasing an additional 298 shares in the last quarter. IFP Advisors Inc bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the second quarter valued at approximately $35,000. Wayfinding Financial LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the first quarter valued at approximately $72,000. Finally, Wealth Preservation Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the first quarter valued at approximately $128,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

NYSEARCA SPYD opened at $42.57 on Friday. The firm’s 50 day moving average price is $43.98 and its 200-day moving average price is $43.15. SPDR Portfolio S&P 500 High Dividend ETF has a 52-week low of $37.92 and a 52-week high of $47.52. The company has a market cap of $7.15 billion, a PE ratio of 15.73 and a beta of 0.84.

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.