V2 Financial group LLC Purchases 17,539 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

V2 Financial group LLC raised its position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 61.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,152 shares of the company’s stock after buying an additional 17,539 shares during the quarter. SPDR Portfolio S&P 500 High Dividend ETF comprises about 1.0% of V2 Financial group LLC’s portfolio, making the stock its 16th largest position. V2 Financial group LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $2,101,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Modus Advisors LLC bought a new position in SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter valued at approximately $28,000. Sound Income Strategies LLC boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 277.8% in the 4th quarter. Sound Income Strategies LLC now owns 816 shares of the company’s stock valued at $37,000 after purchasing an additional 600 shares in the last quarter. SHP Wealth Management bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 4th quarter valued at $43,000. IFP Advisors Inc raised its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 58.3% during the 3rd quarter. IFP Advisors Inc now owns 1,319 shares of the company’s stock worth $58,000 after buying an additional 486 shares in the last quarter. Finally, Colonial Trust Advisors bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter worth $65,000.

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

NYSEARCA:SPYD opened at $48.67 on Tuesday. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $41.87 and a twelve month high of $49.21. The stock’s 50-day simple moving average is $47.67 and its 200 day simple moving average is $46.45. The firm has a market capitalization of $7.52 billion, a PE ratio of 15.73 and a beta of 0.71.

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.