Armstrong Advisory Group Inc. Purchases New Stake in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Armstrong Advisory Group Inc. purchased 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 fund purchased 21,950 shares of the company’s stock, valued at approximately $949,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Code Waechter LLC raised its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.1% during the 3rd quarter. Code Waechter LLC now owns 20,513 shares of the company’s stock valued at $891,000 after buying an additional 230 shares during the period. Sovereign Financial Group Inc. lifted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.5% during the third quarter. Sovereign Financial Group Inc. now owns 10,354 shares of the company’s stock worth $456,000 after purchasing an additional 251 shares in the last quarter. Advisory Services Network LLC boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.4% in the third quarter. Advisory Services Network LLC now owns 11,630 shares of the company’s stock valued at $512,000 after purchasing an additional 271 shares during the period. AlphaCore Capital LLC grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 9.5% during the 3rd quarter. AlphaCore Capital LLC now owns 3,143 shares of the company’s stock valued at $138,000 after purchasing an additional 273 shares in the last quarter. Finally, Oarsman Capital Inc. increased its stake in SPDR Portfolio S&P 500 High Dividend ETF by 2.7% during the 3rd quarter. Oarsman Capital Inc. now owns 11,230 shares of the company’s stock worth $494,000 after buying an additional 297 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

NYSEARCA:SPYD opened at $44.68 on Friday. The firm has a 50-day moving average of $46.34 and a two-hundred day moving average of $44.53. The stock has a market cap of $7.40 billion, a P/E ratio of 15.73 and a beta of 0.84. SPDR Portfolio S&P 500 High Dividend ETF has a 1-year low of $37.92 and a 1-year high of $48.53.

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.