SPDR Portfolio S&P 500 High Dividend ETF $SPYD Stake Lowered by Brookstone Capital Management

Brookstone Capital Management cut its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 12.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,170 shares of the company’s stock after selling 885 shares during the quarter. Brookstone Capital Management’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $262,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in SPYD. Financial Gravity Asset Management Inc. bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the first quarter valued at approximately $11,665,000. Elite Financial Inc. grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 159.0% during the first quarter. Elite Financial Inc. now owns 191,884 shares of the company’s stock valued at $8,492,000 after purchasing an additional 117,803 shares during the last quarter. First Command Advisory Services Inc. grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 7.4% during the first quarter. First Command Advisory Services Inc. now owns 835,116 shares of the company’s stock valued at $36,962,000 after purchasing an additional 57,232 shares during the last quarter. SteelPeak Wealth LLC grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 957.8% during the second quarter. SteelPeak Wealth LLC now owns 51,325 shares of the company’s stock valued at $2,178,000 after purchasing an additional 46,473 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.1% during the first quarter. Ameriprise Financial Inc. now owns 2,868,008 shares of the company’s stock valued at $126,946,000 after purchasing an additional 29,862 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Trading Down 1.0%

NYSEARCA:SPYD opened at $43.60 on Wednesday. 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 firm has a market capitalization of $7.31 billion, a PE ratio of 15.73 and a beta of 0.84. The stock has a 50 day moving average of $44.09 and a 200-day moving average of $43.13.

SPDR Portfolio S&P 500 High Dividend ETF Company 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.