SPDR Portfolio S&P 500 High Dividend ETF $SPYD Position Trimmed by Park Avenue Securities LLC

Park Avenue Securities LLC reduced its holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 33.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 9,687 shares of the company’s stock after selling 4,927 shares during the quarter. Park Avenue Securities LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $411,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Golden State Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 103.2% during the 1st quarter. Golden State Wealth Management LLC now owns 575 shares of the company’s stock valued at $26,000 after buying an additional 292 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 3.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 49,717 shares of the company’s stock valued at $2,163,000 after purchasing an additional 1,817 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 4,326.0% during the first quarter. GAMMA Investing LLC now owns 8,852 shares of the company’s stock valued at $392,000 after purchasing an additional 8,652 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 7.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 139,868 shares of the company’s stock worth $6,191,000 after purchasing an additional 9,580 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% in the 1st quarter. EverSource Wealth Advisors LLC now owns 42,181 shares of the company’s stock worth $1,867,000 after purchasing an additional 10,721 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of SPYD opened at $43.71 on Tuesday. The firm has a fifty day moving average of $44.01 and a 200-day moving average of $42.98. The company has a market cap of $7.75 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 1 year low of $37.92 and a 1 year 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.