Wrapmanager Inc. Acquires New Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Wrapmanager Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 17,340 shares of the company’s stock, valued at approximately $750,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SPYD. Global Retirement Partners LLC raised its stake in SPDR Portfolio S&P 500 High Dividend ETF by 2.6% during the 4th quarter. Global Retirement Partners LLC now owns 10,585 shares of the company’s stock worth $458,000 after acquiring an additional 267 shares during the period. IFP Advisors Inc boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 49.4% during the fourth quarter. IFP Advisors Inc now owns 1,967 shares of the company’s stock worth $85,000 after buying an additional 650 shares during the period. Banque Cantonale Vaudoise boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 3.5% during the fourth quarter. Banque Cantonale Vaudoise now owns 136,640 shares of the company’s stock valued at $5,910,000 after purchasing an additional 4,640 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 6.6% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 11,370 shares of the company’s stock valued at $492,000 after purchasing an additional 705 shares during the period. Finally, Intrua Financial LLC lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 4.9% in the fourth quarter. Intrua Financial LLC now owns 8,995 shares of the company’s stock worth $389,000 after acquiring an additional 417 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

NYSEARCA:SPYD opened at $47.23 on Friday. The firm has a market cap of $7.42 billion, a PE ratio of 15.73 and a beta of 0.72. The company has a 50-day moving average of $46.02 and a 200 day moving average of $45.20. SPDR Portfolio S&P 500 High Dividend ETF has a 1-year low of $41.44 and a 1-year high of $48.53.

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.