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

SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)’s share price reached a new 52-week low on Wednesday . The company traded as low as $37.92 and last traded at $38.19, with a volume of 653049 shares. The stock had previously closed at $38.81.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

The company has a 50-day moving average of $43.75 and a 200 day moving average of $44.52. The company has a market cap of $5.98 billion, a PE ratio of 18.46 and a beta of 0.86.

SPDR Portfolio S&P 500 High Dividend ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued a $0.4189 dividend. The ex-dividend date was Monday, March 24th.

Institutional Trading of SPDR Portfolio S&P 500 High Dividend ETF

A number of institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in SPDR Portfolio S&P 500 High Dividend ETF by 15.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 234,083 shares of the company’s stock worth $10,686,000 after purchasing an additional 31,346 shares during the period. Jones Financial Companies Lllp grew its position in SPDR Portfolio S&P 500 High Dividend ETF by 65.2% in the 4th quarter. Jones Financial Companies Lllp now owns 9,368 shares of the company’s stock valued at $405,000 after acquiring an additional 3,698 shares during the last quarter. BNP Paribas Financial Markets increased its stake in SPDR Portfolio S&P 500 High Dividend ETF by 438.0% in the third quarter. BNP Paribas Financial Markets now owns 6,478 shares of the company’s stock worth $296,000 after purchasing an additional 5,274 shares during the period. AllSquare Wealth Management LLC increased its stake in SPDR Portfolio S&P 500 High Dividend ETF by 7.9% in the fourth quarter. AllSquare Wealth Management LLC now owns 6,183 shares of the company’s stock worth $267,000 after purchasing an additional 455 shares during the period. Finally, SBI Securities Co. Ltd. bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter worth $64,781,000.

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.