Y Intercept Hong Kong Ltd Purchases Shares of 21,883 SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Y Intercept Hong Kong Ltd purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 21,883 shares of the company’s stock, valued at approximately $996,000.

Other institutional investors have also modified their holdings of the company. Armstrong Advisory Group Inc. acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter worth about $949,000. Apollon Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 80.0% in the 4th quarter. Apollon Wealth Management LLC now owns 28,703 shares of the company’s stock worth $1,241,000 after purchasing an additional 12,761 shares in the last quarter. Phoenix Wealth Advisors boosted its position in 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 worth $2,639,000 after purchasing an additional 18,020 shares in the last quarter. V2 Financial group LLC boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 284.1% in the 4th quarter. V2 Financial group LLC now owns 28,613 shares of the company’s stock worth $1,237,000 after purchasing an additional 21,163 shares in the last quarter. Finally, Greenberg Financial Group acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter worth approximately $2,585,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Up 0.8%

Shares of NYSEARCA SPYD traded up $0.40 during midday trading on Friday, reaching $48.34. 859,508 shares of the stock were exchanged, compared to its average volume of 1,604,605. The firm has a market cap of $7.47 billion, a price-to-earnings ratio of 15.73 and a beta of 0.71. The firm has a 50-day simple moving average of $47.63 and a two-hundred day simple moving average of $46.39. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $41.87 and a twelve month high of $49.21.

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.