Mirae Asset Global Investments Co. Ltd. bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) during the third quarter, HoldingsChannel reports. The fund bought 18,000 shares of the company’s stock, valued at approximately $817,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of SPYD. 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 acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter valued at approximately $31,000. Highland Investment Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at approximately $51,000. Matrix Private Capital Group LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 1st quarter valued at approximately $53,000. Finally, Clearstead Trust LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at approximately $64,000.
SPDR Portfolio S&P 500 High Dividend ETF Price Performance
SPYD stock opened at $49.41 on Monday. The firm’s fifty day simple moving average is $47.69 and its 200-day simple moving average is $47.54. The company has a market capitalization of $7.71 billion, a P/E ratio of 15.73 and a beta of 0.72. SPDR Portfolio S&P 500 High Dividend ETF has a 12 month low of $41.94 and a 12 month high of $51.10.
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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