SPDR Portfolio S&P 500 High Dividend ETF $SPYD Shares Sold by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC trimmed its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 44.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,196 shares of the company’s stock after selling 18,573 shares during the period. Sax Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,003,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Optiver Holding B.V. purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the third quarter valued at approximately $31,000. AdvisorNet Financial Inc grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 77.5% during the third quarter. AdvisorNet Financial Inc now owns 985 shares of the company’s stock worth $43,000 after acquiring an additional 430 shares during the period. Vermillion Wealth Management Inc. raised its position in SPDR Portfolio S&P 500 High Dividend ETF by 252.9% in the third quarter. Vermillion Wealth Management Inc. now owns 1,080 shares of the company’s stock worth $48,000 after acquiring an additional 774 shares in the last quarter. IFP Advisors Inc raised its position in SPDR Portfolio S&P 500 High Dividend ETF by 58.3% in the third quarter. IFP Advisors Inc now owns 1,319 shares of the company’s stock worth $58,000 after acquiring an additional 486 shares in the last quarter. Finally, Triumph Capital Management acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the third quarter valued at $70,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of NYSEARCA SPYD opened at $45.12 on Friday. The firm has a market capitalization of $7.47 billion, a P/E ratio of 15.73 and a beta of 0.84. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $37.92 and a one year high of $48.53. The company’s fifty day moving average is $46.36 and its two-hundred day moving average is $44.53.

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.