Rollins Financial Advisors LLC Sells 16,498 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Rollins Financial Advisors LLC cut its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 41.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,957 shares of the company’s stock after selling 16,498 shares during the quarter. Rollins Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,010,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of SPYD. Optiver Holding B.V. purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter valued at $31,000. Access Investment Management LLC purchased a new position in SPDR Portfolio S&P 500 High Dividend ETF in the second quarter worth $42,000. AdvisorNet Financial Inc increased its stake in SPDR Portfolio S&P 500 High Dividend ETF by 77.5% in the third quarter. AdvisorNet Financial Inc now owns 985 shares of the company’s stock valued at $43,000 after acquiring an additional 430 shares during the last quarter. Vermillion Wealth Management Inc. raised its position in SPDR Portfolio S&P 500 High Dividend ETF by 252.9% during the third quarter. Vermillion Wealth Management Inc. now owns 1,080 shares of the company’s stock valued at $48,000 after purchasing an additional 774 shares in the last quarter. Finally, Westside Investment Management Inc. lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 116.7% during the second quarter. Westside Investment Management Inc. now owns 1,950 shares of the company’s stock worth $83,000 after purchasing an additional 1,050 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Trading Up 0.2%

SPYD opened at $47.87 on Wednesday. The stock has a market capitalization of $7.92 billion, a P/E ratio of 15.73 and a beta of 0.84. The stock has a 50-day moving average price of $45.26 and a 200-day moving average price of $44.23. SPDR Portfolio S&P 500 High Dividend ETF has a 12-month low of $37.92 and a 12-month high of $48.53.

About SPDR Portfolio S&P 500 High Dividend ETF

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.