SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) Sets New 1-Year High – Here’s What Happened

SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $47.52 and last traded at $47.45, with a volume of 74364 shares trading hands. The stock had previously closed at $47.16.

SPDR Portfolio S&P 500 High Dividend ETF Stock Up 0.7 %

The company’s 50-day moving average is $45.58 and its 200 day moving average is $43.33. The company has a market cap of $8.08 billion, a price-to-earnings ratio of 14.99 and a beta of 0.85.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Rothschild Investment LLC acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the second quarter worth $264,000. Valeo Financial Advisors LLC raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.1% during the 3rd quarter. Valeo Financial Advisors LLC now owns 22,426 shares of the company’s stock worth $1,024,000 after purchasing an additional 239 shares during the last quarter. Parallel Advisors LLC lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 1,137.0% in the 2nd quarter. Parallel Advisors LLC now owns 14,696 shares of the company’s stock valued at $591,000 after buying an additional 13,508 shares in the last quarter. Heartwood Wealth Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 3.9% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 113,061 shares of the company’s stock worth $5,161,000 after buying an additional 4,257 shares during the last quarter. Finally, Fairscale Capital LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the 2nd quarter worth about $126,000.

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.