Janney Montgomery Scott LLC Has $6.92 Million Stock Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Janney Montgomery Scott LLC grew its position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 16.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 163,152 shares of the company’s stock after buying an additional 23,284 shares during the period. Janney Montgomery Scott LLC owned 0.10% of SPDR Portfolio S&P 500 High Dividend ETF worth $6,924,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 103.2% in 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 period. Wealth Enhancement Advisory Services LLC increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 3.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 49,717 shares of the company’s stock valued at $2,163,000 after buying an additional 1,817 shares during the period. GAMMA Investing LLC increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 4,326.0% in the 1st quarter. GAMMA Investing LLC now owns 8,852 shares of the company’s stock valued at $392,000 after buying an additional 8,652 shares during the period. EverSource Wealth Advisors LLC increased its stake 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 valued at $1,867,000 after buying an additional 10,721 shares during the period. Finally, Rollins Financial Advisors LLC increased its stake in shares of 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 valued at $1,971,000 after buying an additional 13,929 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

NYSEARCA SPYD opened at $44.28 on Monday. The stock has a fifty day moving average of $44.01 and a 200-day moving average of $42.97. The stock has a market capitalization of $7.39 billion, a P/E 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.