Total Clarity Wealth Management Inc. Purchases 119,787 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Total Clarity Wealth Management Inc. grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 207.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 177,414 shares of the company’s stock after purchasing an additional 119,787 shares during the quarter. SPDR Portfolio S&P 500 High Dividend ETF makes up 1.9% of Total Clarity Wealth Management Inc.’s holdings, making the stock its 6th biggest holding. Total Clarity Wealth Management Inc. owned approximately 0.11% of SPDR Portfolio S&P 500 High Dividend ETF worth $7,673,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Vantagepoint Investment Advisers LLC acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the third quarter valued at about $187,209,000. Ameriprise Financial Inc. raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 7.3% during the third quarter. Ameriprise Financial Inc. now owns 4,040,675 shares of the company’s stock worth $177,792,000 after acquiring an additional 276,334 shares during the last quarter. Bank of America Corp DE raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.8% during the third quarter. Bank of America Corp DE now owns 3,178,541 shares of the company’s stock worth $139,856,000 after acquiring an additional 55,984 shares during the last quarter. SBI Securities Co. Ltd. raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.1% during the third quarter. SBI Securities Co. Ltd. now owns 1,552,130 shares of the company’s stock worth $68,294,000 after acquiring an additional 17,291 shares during the last quarter. Finally, Wellington Management Group LLP bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the third quarter worth about $52,565,000.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

Shares of SPYD opened at $47.05 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $41.44 and a 1 year high of $48.53. The company has a market capitalization of $7.38 billion, a price-to-earnings ratio of 15.73 and a beta of 0.76. The business has a 50-day moving average of $46.21 and a 200-day moving average of $44.86.

SPDR Portfolio S&P 500 High Dividend ETF 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.