IFP Advisors Inc Buys Shares of 833 SPDR Portfolio S&P 500 High Dividend ETF $SPYD

IFP Advisors Inc purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 833 shares of the company’s stock, valued at approximately $35,000.

Other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC lifted its position in SPDR Portfolio S&P 500 High Dividend ETF by 103.2% during the first 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 in the last quarter. Belpointe Asset Management LLC raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 5.8% during the 2nd quarter. Belpointe Asset Management LLC now owns 5,555 shares of the company’s stock worth $236,000 after purchasing an additional 306 shares during the period. DAVENPORT & Co LLC boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 7.4% during the 2nd quarter. DAVENPORT & Co LLC now owns 18,760 shares of the company’s stock valued at $796,000 after purchasing an additional 1,295 shares during the period. Wealth Enhancement Advisory Services LLC increased 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 period. Finally, Janney Montgomery Scott LLC increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 16.6% during the second quarter. Janney Montgomery Scott LLC now owns 163,152 shares of the company’s stock valued at $6,924,000 after acquiring an additional 23,284 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Trading Up 0.1%

Shares of SPDR Portfolio S&P 500 High Dividend ETF stock opened at $43.83 on Thursday. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $37.92 and a 52 week high of $47.52. The stock has a market cap of $7.35 billion, a PE ratio of 15.73 and a beta of 0.99. The company’s 50-day moving average price is $44.09 and its two-hundred day moving average price is $42.97.

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.