Global Retirement Partners LLC Acquires New Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Global Retirement Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the second quarter, HoldingsChannel.com reports. The firm bought 10,632 shares of the company’s stock, valued at approximately $451,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYD. GSB Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 60.8% during the second quarter. GSB Wealth Management LLC now owns 788 shares of the company’s stock worth $33,000 after acquiring an additional 298 shares during the period. IFP Advisors Inc purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter worth about $35,000. Access Investment Management LLC purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter worth about $42,000. Westside Investment Management Inc. increased its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 116.7% during the 2nd quarter. Westside Investment Management Inc. now owns 1,950 shares of the company’s stock worth $83,000 after purchasing an additional 1,050 shares during the period. Finally, Wealth Preservation Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the 1st quarter valued at about $128,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of SPDR Portfolio S&P 500 High Dividend ETF stock opened at $43.86 on Friday. The business has a 50-day simple moving average of $43.26 and a 200-day simple moving average of $43.31. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $37.92 and a one year high of $47.49. The company has a market cap of $7.37 billion, a PE ratio of 15.73 and a beta of 0.84.

SPDR Portfolio S&P 500 High Dividend ETF Company 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.