Castleview Partners LLC Cuts Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Castleview Partners LLC trimmed its position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 26.1% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,602 shares of the company’s stock after selling 12,915 shares during the period. SPDR Portfolio S&P 500 High Dividend ETF makes up about 0.9% of Castleview Partners LLC’s holdings, making the stock its 24th largest holding. Castleview Partners LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,666,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of SPYD. Auto Owners Insurance Co raised its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 5,697.4% in the 4th quarter. Auto Owners Insurance Co now owns 118,847,500 shares of the company’s stock valued at $5,140,154,000 after buying an additional 116,797,500 shares during the period. LPL Financial LLC grew its position in SPDR Portfolio S&P 500 High Dividend ETF by 1.0% in the 4th quarter. LPL Financial LLC now owns 4,524,639 shares of the company’s stock valued at $195,691,000 after acquiring an additional 43,656 shares in the last quarter. Ameriprise Financial Inc. increased its stake in SPDR Portfolio S&P 500 High Dividend ETF by 7.3% during the third quarter. Ameriprise Financial Inc. now owns 4,040,675 shares of the company’s stock worth $177,792,000 after purchasing an additional 276,334 shares during the period. Bank of America Corp DE increased its stake in SPDR Portfolio S&P 500 High Dividend ETF by 1.8% during the third quarter. Bank of America Corp DE now owns 3,178,541 shares of the company’s stock worth $139,856,000 after purchasing an additional 55,984 shares during the period. Finally, Morgan Stanley lifted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 4.3% during the fourth quarter. Morgan Stanley now owns 1,546,240 shares of the company’s stock worth $66,875,000 after purchasing an additional 63,369 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

Shares of NYSEARCA SPYD traded up $0.40 during midday trading on Friday, hitting $48.34. The company’s stock had a trading volume of 859,508 shares, compared to its average volume of 1,604,605. The business’s fifty day simple moving average is $47.63 and its two-hundred day simple moving average is $46.39. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $41.87 and a 1 year high of $49.21. The firm has a market capitalization of $7.47 billion, a price-to-earnings ratio of 15.73 and a beta of 0.71.

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.