Fifth Third Bancorp Takes $1.67 Million Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Fifth Third Bancorp purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the first quarter, according to its most recent filing with the SEC. The firm purchased 36,738 shares of the company’s stock, valued at approximately $1,672,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Auto Owners Insurance Co boosted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 5,697.4% during the fourth quarter. Auto Owners Insurance Co now owns 118,847,500 shares of the company’s stock worth $5,140,154,000 after purchasing an additional 116,797,500 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 3rd quarter valued at $52,565,000. Ameriprise Financial Inc. raised its stake in SPDR Portfolio S&P 500 High Dividend ETF by 31.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,764,341 shares of the company’s stock worth $159,716,000 after buying an additional 896,333 shares during the period. Quadrature Capital Ltd acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter worth $12,399,000. Finally, Total Clarity Wealth Management Inc. lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 207.9% during the fourth quarter. Total Clarity Wealth Management Inc. now owns 177,414 shares of the company’s stock worth $7,673,000 after acquiring an additional 119,787 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Trading Up 0.4%

NYSEARCA:SPYD opened at $49.52 on Thursday. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $41.87 and a 1 year high of $50.25. The stock has a market cap of $7.63 billion, a price-to-earnings ratio of 15.73 and a beta of 0.71. The stock has a 50-day moving average price of $48.00 and a two-hundred day moving average price of $46.73.

About SPDR Portfolio S&P 500 High Dividend ETF

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.