Fifth Third Bancorp Acquires New Stake in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Fifth Third Bancorp bought a new position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 36,738 shares of the company’s stock, valued at approximately $1,672,000.

Other large investors have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 6.2% in the first quarter. Sequoia Financial Advisors LLC now owns 10,384 shares of the company’s stock valued at $473,000 after purchasing an additional 603 shares in the last quarter. Kestra Advisory Services LLC raised its position in SPDR Portfolio S&P 500 High Dividend ETF by 20.1% in the 1st quarter. Kestra Advisory Services LLC now owns 43,860 shares of the company’s stock valued at $1,996,000 after buying an additional 7,335 shares during the last quarter. Money Concepts Capital Corp acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the 1st quarter valued at approximately $205,000. Capstone Wealth Management Group LLC lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 6.2% in the 1st quarter. Capstone Wealth Management Group LLC now owns 32,372 shares of the company’s stock valued at $1,474,000 after acquiring an additional 1,886 shares in the last quarter. Finally, Global Strategic Investment Solutions LLC lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 0.6% in the 1st quarter. Global Strategic Investment Solutions LLC now owns 76,836 shares of the company’s stock valued at $3,498,000 after acquiring an additional 451 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Up 0.4%

NYSEARCA:SPYD opened at $49.52 on Thursday. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $41.87 and a twelve month high of $50.25. The business has a 50 day moving average price of $48.00 and a two-hundred day moving average price of $46.73. The company 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 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.