Econ Financial Services Corp Acquires Shares of 61,562 SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Econ Financial Services Corp acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 61,562 shares of the company’s stock, valued at approximately $2,802,000.

Other institutional investors have also made changes to their positions in the company. Laurel Oak Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 6.5% in the first quarter. Laurel Oak Wealth Management LLC now owns 6,562 shares of the company’s stock valued at $299,000 after purchasing an additional 403 shares during the period. Decker Retirement Planning Inc. increased its stake in SPDR Portfolio S&P 500 High Dividend ETF by 3.8% during the 1st quarter. Decker Retirement Planning Inc. now owns 33,091 shares of the company’s stock worth $1,506,000 after buying an additional 1,221 shares during the period. Kestra Private Wealth Services LLC lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 2.7% in the 1st quarter. Kestra Private Wealth Services LLC now owns 11,771 shares of the company’s stock worth $536,000 after buying an additional 310 shares in the last quarter. Apella Capital LLC lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 217.0% in the 1st quarter. Apella Capital LLC now owns 20,525 shares of the company’s stock worth $952,000 after buying an additional 14,051 shares in the last quarter. Finally, Sovereign Financial Group Inc. lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 18.1% in the 1st quarter. Sovereign Financial Group Inc. now owns 12,161 shares of the company’s stock worth $554,000 after buying an additional 1,862 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

NYSEARCA:SPYD opened at $48.60 on Friday. The firm has a 50-day moving average of $47.25 and a two-hundred day moving average of $46.07. The stock has a market cap of $7.63 billion, a P/E ratio of 15.73 and a beta of 0.71. SPDR Portfolio S&P 500 High Dividend ETF has a 1-year low of $41.87 and a 1-year high of $49.21.

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.