Armstrong Advisory Group Inc. bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) during the fourth quarter, HoldingsChannel reports. The firm bought 21,950 shares of the company’s stock, valued at approximately $949,000.
Several other large investors have also modified their holdings of SPYD. Optiver Holding B.V. bought a new position in SPDR Portfolio S&P 500 High Dividend ETF during the third quarter worth $31,000. AdvisorNet Financial Inc boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 77.5% during the 3rd quarter. AdvisorNet Financial Inc now owns 985 shares of the company’s stock valued at $43,000 after purchasing an additional 430 shares during the period. Vermillion Wealth Management Inc. increased its position in SPDR Portfolio S&P 500 High Dividend ETF by 252.9% in the third quarter. Vermillion Wealth Management Inc. now owns 1,080 shares of the company’s stock worth $48,000 after buying an additional 774 shares during the period. IFP Advisors Inc boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 58.3% during the third quarter. IFP Advisors Inc now owns 1,319 shares of the company’s stock valued at $58,000 after acquiring an additional 486 shares during the period. Finally, Triumph Capital Management acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the third quarter worth approximately $70,000.
SPDR Portfolio S&P 500 High Dividend ETF Stock Performance
Shares of SPYD opened at $44.68 on Friday. The stock’s fifty day moving average is $46.34 and its 200-day moving average is $44.53. The firm has a market capitalization of $7.40 billion, a price-to-earnings ratio of 15.73 and a beta of 0.84. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $37.92 and a one year high of $48.53.
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.
Further Reading
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