Integrated Wealth Concepts LLC Purchases 37,101 Shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Integrated Wealth Concepts LLC grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 30.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 157,605 shares of the company’s stock after buying an additional 37,101 shares during the period. Integrated Wealth Concepts LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $6,815,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPYD. Synergy Investment Management LLC bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter worth about $33,000. GPS Wealth Strategies Group LLC boosted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 52.3% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 5,318 shares of the company’s stock worth $230,000 after purchasing an additional 1,827 shares in the last quarter. Crews Bank & Trust purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 4th quarter worth approximately $245,000. AllSquare Wealth Management LLC increased its position in SPDR Portfolio S&P 500 High Dividend ETF by 7.9% during the 4th quarter. AllSquare Wealth Management LLC now owns 6,183 shares of the company’s stock valued at $267,000 after buying an additional 455 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its stake in SPDR Portfolio S&P 500 High Dividend ETF by 65.2% during the fourth quarter. Jones Financial Companies Lllp now owns 9,368 shares of the company’s stock valued at $405,000 after buying an additional 3,698 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Trading Down 0.6 %

NYSEARCA SPYD opened at $41.59 on Friday. The stock’s fifty day moving average price is $42.93 and its 200-day moving average price is $44.12. The stock has a market cap of $6.54 billion, a P/E ratio of 17.36 and a beta of 0.86. SPDR Portfolio S&P 500 High Dividend ETF has a 12 month low of $37.92 and a 12 month high of $47.52.

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.