Western Wealth Management LLC Has $3.85 Million Stock Holdings in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Western Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 68.8% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 84,506 shares of the company’s stock after acquiring an additional 34,450 shares during the quarter. Western Wealth Management LLC owned about 0.05% of SPDR Portfolio S&P 500 High Dividend ETF worth $3,847,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Modus Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter worth $28,000. Sound Income Strategies LLC lifted its position in SPDR Portfolio S&P 500 High Dividend ETF by 277.8% during the fourth quarter. Sound Income Strategies LLC now owns 816 shares of the company’s stock worth $37,000 after purchasing an additional 600 shares during the period. SHP Wealth Management bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter worth about $43,000. Matrix Private Capital Group LLC bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the first quarter worth about $53,000. Finally, Colonial Trust Advisors acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter worth about $65,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Down 0.5%

Shares of SPDR Portfolio S&P 500 High Dividend ETF stock opened at $49.50 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a 12-month low of $41.87 and a 12-month high of $50.90. The company has a market capitalization of $7.63 billion, a price-to-earnings ratio of 15.73 and a beta of 0.71. The firm’s 50-day moving average price is $48.41 and its two-hundred day moving average price is $47.00.

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.