V2 Financial group LLC Boosts Stock Holdings in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

V2 Financial group LLC grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 284.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,613 shares of the company’s stock after buying an additional 21,163 shares during the quarter. SPDR Portfolio S&P 500 High Dividend ETF accounts for 0.6% of V2 Financial group LLC’s portfolio, making the stock its 26th largest position. V2 Financial group LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,237,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in SPYD. Baird Financial Group Inc. grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 8.0% during the second 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. grew its holdings in shares of 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 buying an additional 2,090 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 208.0% during the second quarter. Daiwa Securities Group Inc. now owns 194,578 shares of the company’s stock valued at $8,258,000 after buying an additional 131,411 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 3.0% during the second quarter. NewEdge Advisors LLC now owns 100,812 shares of the company’s stock valued at $4,278,000 after buying an additional 2,902 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.7% during the second quarter. Main Street Financial Solutions LLC now owns 20,996 shares of the company’s stock valued at $891,000 after buying an additional 546 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Down 0.3%

NYSEARCA:SPYD opened at $45.57 on Wednesday. The company’s 50 day moving average price is $46.44 and its 200-day moving average price is $44.59. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $37.92 and a 52 week high of $48.53. The stock has a market cap of $7.05 billion, a price-to-earnings ratio of 15.73 and a beta of 0.80.

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.