SPDR Portfolio S&P 500 High Dividend ETF $SPYD Shares Bought by Apollon Wealth Management LLC

Apollon Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 80.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,703 shares of the company’s stock after acquiring an additional 12,761 shares during the period. Apollon Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,241,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Baird Financial Group Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 8.0% in the 2nd quarter. Baird Financial Group Inc. now owns 49,563 shares of the company’s stock valued at $2,103,000 after buying an additional 3,655 shares during the period. Brown Advisory Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 23.6% in the 2nd quarter. Brown Advisory Inc. now owns 10,955 shares of the company’s stock valued at $465,000 after buying an additional 2,090 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 3.0% in the 2nd quarter. NewEdge Advisors LLC now owns 100,812 shares of the company’s stock valued at $4,278,000 after buying an additional 2,902 shares during the period. Main Street Financial Solutions LLC boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.7% in the 2nd quarter. Main Street Financial Solutions LLC now owns 20,996 shares of the company’s stock valued at $891,000 after buying an additional 546 shares during the period. Finally, HUB Investment Partners LLC boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 11.7% in the 2nd quarter. HUB Investment Partners LLC now owns 5,622 shares of the company’s stock valued at $239,000 after buying an additional 588 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

NYSEARCA SPYD opened at $45.83 on Wednesday. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $40.11 and a one year high of $48.53. The company has a 50-day simple moving average of $46.51 and a 200-day simple moving average of $44.67. The firm has a market capitalization of $7.17 billion, a PE ratio of 15.73 and a beta of 0.76.

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.