SPDR Portfolio S&P 500 High Dividend ETF $SPYD Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 6.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 671,161 shares of the company’s stock after purchasing an additional 40,590 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.42% of SPDR Portfolio S&P 500 High Dividend ETF worth $28,484,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Belpointe Asset Management LLC boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 5.8% in the second quarter. Belpointe Asset Management LLC now owns 5,555 shares of the company’s stock valued at $236,000 after acquiring an additional 306 shares in the last quarter. DAVENPORT & Co LLC boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 7.4% in the second quarter. DAVENPORT & Co LLC now owns 18,760 shares of the company’s stock valued at $796,000 after acquiring an additional 1,295 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 3.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 49,717 shares of the company’s stock valued at $2,163,000 after acquiring an additional 1,817 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 16.6% in 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 in the last quarter. Finally, IFP Advisors Inc acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF in the second quarter valued at $35,000.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

NYSEARCA SPYD opened at $42.28 on Tuesday. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $37.92 and a 1 year high of $47.52. The company has a market capitalization of $7.12 billion, a PE ratio of 15.73 and a beta of 0.84. The company has a fifty day moving average of $43.93 and a two-hundred day moving average of $43.19.

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.