Cary Street Partners Investment Advisory LLC Decreases Stock Holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Cary Street Partners Investment Advisory LLC reduced its position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 8.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 6,667 shares of the company’s stock after selling 595 shares during the period. Cary Street Partners Investment Advisory LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $280,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SPYD. Anchor Investment Management LLC bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter valued at $59,000. NBC Securities Inc. purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the third quarter valued at about $88,000. Graypoint LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter valued at about $204,000. Tennessee Valley Asset Management Partners bought a new position in SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter worth about $212,000. Finally, ORG Partners LLC lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 3,111.2% in the fourth quarter. ORG Partners LLC now owns 7,450 shares of the company’s stock worth $292,000 after buying an additional 7,218 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of NYSEARCA:SPYD opened at $39.48 on Thursday. The firm has a market capitalization of $6.72 billion, a P/E ratio of 14.99 and a beta of 0.85. The stock has a 50 day moving average price of $39.48 and a 200-day moving average price of $38.03. SPDR Portfolio S&P 500 High Dividend ETF has a 52-week low of $32.88 and a 52-week high of $40.79.

SPDR Portfolio S&P 500 High Dividend ETF 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.