Shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as $49.35 and last traded at $49.23, with a volume of 192052 shares traded. The stock had previously closed at $48.62.
SPDR Portfolio S&P 500 High Dividend ETF Stock Performance
The firm has a market cap of $7.61 billion, a price-to-earnings ratio of 15.73 and a beta of 0.71. The stock has a 50-day moving average of $47.73 and a 200-day moving average of $46.52.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the business. Baird Financial Group Inc. increased its stake in SPDR Portfolio S&P 500 High Dividend ETF by 8.0% in the 2nd quarter. Baird Financial Group Inc. now owns 49,563 shares of the company’s stock valued at $2,103,000 after buying an additional 3,655 shares during the last quarter. Brown Advisory Inc. boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 23.6% during the second quarter. Brown Advisory Inc. now owns 10,955 shares of the company’s stock valued at $465,000 after purchasing an additional 2,090 shares during the last quarter. NewEdge Advisors LLC grew its stake in SPDR Portfolio S&P 500 High Dividend ETF by 3.0% in the second quarter. NewEdge Advisors LLC now owns 100,812 shares of the company’s stock valued at $4,278,000 after purchasing an additional 2,902 shares in the last quarter. Main Street Financial Solutions LLC raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 20,996 shares of the company’s stock worth $891,000 after purchasing an additional 546 shares in the last quarter. Finally, HUB Investment Partners LLC boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 11.7% in the 2nd quarter. HUB Investment Partners LLC now owns 5,622 shares of the company’s stock valued at $239,000 after buying an additional 588 shares during the last quarter.
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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