Parallel Advisors LLC Has $153,000 Stake in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Parallel Advisors LLC trimmed its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 7.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,606 shares of the company’s stock after selling 294 shares during the period. Parallel Advisors LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $153,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Rollins Financial Advisors LLC grew its position in SPDR Portfolio S&P 500 High Dividend ETF by 45.5% in the 1st quarter. Rollins Financial Advisors LLC now owns 44,527 shares of the company’s stock worth $1,971,000 after purchasing an additional 13,929 shares during the last quarter. NewEdge Advisors LLC grew its position in SPDR Portfolio S&P 500 High Dividend ETF by 3.0% in the 1st quarter. NewEdge Advisors LLC now owns 97,910 shares of the company’s stock worth $4,333,000 after purchasing an additional 2,812 shares during the last quarter. Wealth Preservation Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 1st quarter worth about $128,000. Ameriprise Financial Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.1% during the 1st quarter. Ameriprise Financial Inc. now owns 2,868,008 shares of the company’s stock worth $126,946,000 after acquiring an additional 29,862 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 34.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 42,181 shares of the company’s stock worth $1,867,000 after acquiring an additional 10,721 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

NYSEARCA:SPYD opened at $43.76 on Wednesday. The company has a 50-day moving average of $43.98 and a 200-day moving average of $42.99. The company has a market capitalization of $7.76 billion, a price-to-earnings ratio of 15.73 and a beta of 0.99. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $37.92 and a 52 week high of $47.52.

About SPDR Portfolio S&P 500 High Dividend ETF

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.