Mayflower Financial Advisors LLC Takes Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Mayflower Financial Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 33,855 shares of the company’s stock, valued at approximately $1,541,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Armstrong Advisory Group Inc. purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the 4th quarter valued at approximately $949,000. Apollon Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 80.0% during the 4th quarter. Apollon Wealth Management LLC now owns 28,703 shares of the company’s stock worth $1,241,000 after buying an additional 12,761 shares in the last quarter. Phoenix Wealth Advisors lifted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 41.9% in the 4th quarter. Phoenix Wealth Advisors now owns 61,016 shares of the company’s stock valued at $2,639,000 after buying an additional 18,020 shares during the period. V2 Financial group LLC boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 284.1% in the fourth quarter. V2 Financial group LLC now owns 28,613 shares of the company’s stock valued at $1,237,000 after buying an additional 21,163 shares in the last quarter. Finally, Greenberg Financial Group purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter valued at approximately $2,585,000.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

Shares of SPYD stock opened at $48.39 on Tuesday. The business’s fifty day moving average price is $47.29 and its 200 day moving average price is $46.13. The firm has a market capitalization of $7.60 billion, a PE ratio of 15.73 and a beta of 0.71. SPDR Portfolio S&P 500 High Dividend ETF has a 1-year low of $41.87 and a 1-year high of $49.21.

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.