Apollon Wealth Management LLC Trims Holdings in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Apollon Wealth Management LLC lessened its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 57.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,942 shares of the company’s stock after selling 21,137 shares during the quarter. Apollon Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $701,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Ameriprise Financial Inc. lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 31.3% during the second quarter. Ameriprise Financial Inc. now owns 3,764,341 shares of the company’s stock valued at $159,716,000 after purchasing an additional 896,333 shares in the last quarter. Financial Gravity Companies Inc. acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the second quarter worth $11,975,000. Vestmark Advisory Solutions Inc. grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 43.0% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 455,944 shares of the company’s stock valued at $19,350,000 after buying an additional 137,171 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 208.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 194,578 shares of the company’s stock valued at $8,258,000 after buying an additional 131,411 shares in the last quarter. Finally, Corient Private Wealth LLC increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 103.0% in the 2nd quarter. Corient Private Wealth LLC now owns 197,990 shares of the company’s stock worth $8,403,000 after acquiring an additional 100,481 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Trading Down 0.7%

Shares of SPYD opened at $43.25 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a 12-month low of $37.92 and a 12-month high of $45.48. The firm has a market capitalization of $7.27 billion, a P/E ratio of 15.73 and a beta of 0.84. The firm has a 50-day moving average price of $43.22 and a 200 day moving average price of $43.48.

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.