Greenberg Financial Group Takes $2.59 Million Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Greenberg Financial Group acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 59,759 shares of the company’s stock, valued at approximately $2,585,000. SPDR Portfolio S&P 500 High Dividend ETF comprises about 1.1% of Greenberg Financial Group’s holdings, making the stock its 17th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Optiver Holding B.V. bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the third quarter valued at about $31,000. Sound Income Strategies LLC grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 277.8% during the fourth quarter. Sound Income Strategies LLC now owns 816 shares of the company’s stock valued at $37,000 after buying an additional 600 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 77.5% during the third quarter. AdvisorNet Financial Inc now owns 985 shares of the company’s stock valued at $43,000 after buying an additional 430 shares during the last quarter. Vermillion Wealth Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 252.9% during the third quarter. Vermillion Wealth Management Inc. now owns 1,080 shares of the company’s stock valued at $48,000 after buying an additional 774 shares during the last quarter. Finally, IFP Advisors Inc grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 58.3% during the third quarter. IFP Advisors Inc now owns 1,319 shares of the company’s stock valued at $58,000 after buying an additional 486 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

NYSEARCA SPYD opened at $45.93 on Thursday. The stock has a market capitalization of $7.11 billion, a PE ratio of 15.73 and a beta of 0.80. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $37.92 and a 1 year high of $48.53. The business’s 50-day moving average is $46.46 and its 200 day moving average is $44.60.

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.