SWS Partners Acquires 25,174 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

SWS Partners lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 11.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,665 shares of the company’s stock after purchasing an additional 25,174 shares during the quarter. SPDR Portfolio S&P 500 High Dividend ETF comprises about 2.5% of SWS Partners’ portfolio, making the stock its 6th biggest position. SWS Partners owned approximately 0.15% of SPDR Portfolio S&P 500 High Dividend ETF worth $10,721,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Belpointe Asset Management LLC grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 5.8% during the second quarter. Belpointe Asset Management LLC now owns 5,555 shares of the company’s stock worth $236,000 after acquiring an additional 306 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 7.4% in the 2nd quarter. DAVENPORT & Co LLC now owns 18,760 shares of the company’s stock worth $796,000 after purchasing an additional 1,295 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 16.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 163,152 shares of the company’s stock worth $6,924,000 after purchasing an additional 23,284 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in SPDR Portfolio S&P 500 High Dividend ETF by 3.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 49,717 shares of the company’s stock worth $2,163,000 after purchasing an additional 1,817 shares during the last quarter. Finally, Global Retirement Partners LLC acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at approximately $451,000.

SPDR Portfolio S&P 500 High Dividend ETF Trading Up 0.1%

NYSEARCA SPYD opened at $43.50 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a 12-month low of $37.92 and a 12-month high of $45.48. The company has a fifty day simple moving average of $43.25 and a two-hundred day simple moving average of $43.47. The stock has a market cap of $7.31 billion, a P/E ratio of 15.73 and a beta of 0.84.

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.