SPDR Portfolio S&P 500 High Dividend ETF $SPYD Stock Holdings Lifted by Auto Owners Insurance Co

Auto Owners Insurance Co grew its position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 5,697.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 118,847,500 shares of the company’s stock after acquiring an additional 116,797,500 shares during the quarter. SPDR Portfolio S&P 500 High Dividend ETF makes up about 1.2% of Auto Owners Insurance Co’s investment portfolio, making the stock its 15th largest holding. Auto Owners Insurance Co owned 0.72% of SPDR Portfolio S&P 500 High Dividend ETF worth $5,140,154,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPYD. Wealthspire Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 0.4% during the 4th quarter. Wealthspire Advisors LLC now owns 58,443 shares of the company’s stock worth $2,528,000 after purchasing an additional 220 shares during the last quarter. Caitlin John LLC boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 3.8% during the fourth quarter. Caitlin John LLC now owns 6,114 shares of the company’s stock worth $264,000 after purchasing an additional 226 shares during the period. Kestra Advisory Services LLC grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 0.7% during the fourth quarter. Kestra Advisory Services LLC now owns 36,525 shares of the company’s stock valued at $1,580,000 after purchasing an additional 239 shares during the last quarter. J.W. Cole Advisors Inc. raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.9% in the fourth quarter. J.W. Cole Advisors Inc. now owns 13,326 shares of the company’s stock valued at $550,000 after purchasing an additional 248 shares during the period. Finally, Global Retirement Partners LLC raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.6% in the fourth quarter. Global Retirement Partners LLC now owns 10,585 shares of the company’s stock valued at $458,000 after purchasing an additional 267 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 $47.50 on Friday. The firm has a fifty day simple moving average of $47.04 and a 200-day simple moving average of $45.92. The stock has a market capitalization of $7.46 billion, a price-to-earnings ratio of 15.73 and a beta of 0.71. SPDR Portfolio S&P 500 High Dividend ETF has a 1-year low of $41.68 and a 1-year high of $49.21.

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.