Total Clarity Wealth Management Inc. Has $7.67 Million Holdings in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Total Clarity Wealth Management Inc. boosted its holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 207.9% in the fourth quarter, HoldingsChannel reports. The firm owned 177,414 shares of the company’s stock after purchasing an additional 119,787 shares during the period. SPDR Portfolio S&P 500 High Dividend ETF makes up about 1.9% of Total Clarity Wealth Management Inc.’s investment portfolio, making the stock its 6th biggest holding. Total Clarity Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $7,673,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in SPYD. Optiver Holding B.V. bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the third quarter worth approximately $31,000. Sound Income Strategies LLC increased its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 277.8% in the fourth quarter. Sound Income Strategies LLC now owns 816 shares of the company’s stock worth $37,000 after purchasing an additional 600 shares in the last quarter. Vermillion Wealth Management Inc. increased its holdings 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 purchasing an additional 774 shares in the last quarter. IFP Advisors Inc increased its holdings 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 purchasing an additional 486 shares in the last quarter. Finally, Triumph Capital Management bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the third quarter worth approximately $70,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Up 1.6%

NYSEARCA SPYD opened at $47.05 on Friday. The company has a market cap of $7.38 billion, a price-to-earnings ratio of 15.73 and a beta of 0.76. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $41.44 and a 52 week high of $48.53. The business has a 50 day moving average price of $46.21 and a 200-day moving average price of $44.86.

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.