Wealthfront Advisers LLC Acquires 13,587 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Wealthfront Advisers LLC raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 5.1% during the second quarter, Holdings Channel reports. The institutional investor owned 281,181 shares of the company’s stock after buying an additional 13,587 shares during the quarter. Wealthfront Advisers LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $11,933,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SPYD. Brighton Jones LLC raised its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 16.5% in the second quarter. Brighton Jones LLC now owns 10,727 shares of the company’s stock valued at $455,000 after purchasing an additional 1,518 shares during the last quarter. Principle Wealth Partners LLC raised its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 42.4% in the second quarter. Principle Wealth Partners LLC now owns 20,665 shares of the company’s stock valued at $877,000 after purchasing an additional 6,150 shares during the last quarter. D.A. Davidson & CO. raised its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 27.5% in the second quarter. D.A. Davidson & CO. now owns 83,378 shares of the company’s stock valued at $3,539,000 after purchasing an additional 17,995 shares during the last quarter. Dumont & Blake Investment Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.4% in the second quarter. Dumont & Blake Investment Advisors LLC now owns 45,662 shares of the company’s stock valued at $1,938,000 after purchasing an additional 622 shares during the last quarter. Finally, Koshinski Asset Management Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the second quarter valued at about $354,000.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

Shares of SPYD stock opened at $43.96 on Monday. The firm has a 50-day moving average of $44.09 and a 200-day moving average of $43.08. The company has a market cap of $7.37 billion, a P/E ratio of 15.73 and a beta of 0.99. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $37.92 and a one year high of $47.52.

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.