Cowa LLC bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) in the 3rd quarter, Holdings Channel.com reports. The firm bought 190,213 shares of the company’s stock, valued at approximately $8,689,000. SPDR Portfolio S&P 500 High Dividend ETF accounts for about 2.1% of Cowa LLC’s holdings, making the stock its 13th largest position.
Other institutional investors and hedge funds have also made changes to their positions in the company. Compass Financial Management LLC purchased a new position in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter worth approximately $30,000. Tompkins Financial Corp purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the third quarter valued at approximately $31,000. Highland Investment Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the second quarter valued at approximately $51,000. Matrix Private Capital Group LLC purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the first quarter valued at approximately $53,000. Finally, Triumph Capital Management boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 22.7% in the third quarter. Triumph Capital Management now owns 1,348 shares of the company’s stock valued at $61,000 after acquiring an additional 249 shares during the period.
SPDR Portfolio S&P 500 High Dividend ETF Trading Up 2.9%
SPYD stock opened at $50.51 on Thursday. The company has a market capitalization of $7.86 billion, a P/E ratio of 15.73 and a beta of 0.72. The business has a 50 day simple moving average of $47.71 and a 200-day simple moving average of $47.49. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $41.94 and a twelve month high of $50.90.
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.
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Want to see what other hedge funds are holding SPYD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report).
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