Citigroup Inc. Raises Stock Holdings in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Citigroup Inc. grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 143.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,955 shares of the company’s stock after buying an additional 38,862 shares during the period. Citigroup Inc.’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $2,902,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Vantagepoint Investment Advisers LLC purchased a new position in SPDR Portfolio S&P 500 High Dividend ETF during the third quarter valued at approximately $187,209,000. Ameriprise Financial Inc. increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 31.3% in the second quarter. Ameriprise Financial Inc. now owns 3,764,341 shares of the company’s stock worth $159,716,000 after purchasing an additional 896,333 shares in the last quarter. Financial Gravity Companies Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the second quarter worth $11,975,000. Vestmark Advisory Solutions Inc. raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 43.0% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 455,944 shares of the company’s stock valued at $19,350,000 after purchasing an additional 137,171 shares during the period. Finally, Daiwa Securities Group Inc. raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 208.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 194,578 shares of the company’s stock valued at $8,258,000 after purchasing an additional 131,411 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of SPDR Portfolio S&P 500 High Dividend ETF stock opened at $47.07 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a fifty-two week low of $37.92 and a fifty-two week high of $48.53. The company has a market capitalization of $7.79 billion, a P/E ratio of 15.73 and a beta of 0.84. The company has a fifty day moving average of $45.91 and a 200 day moving average of $44.44.

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.