Park Avenue Securities LLC Acquires 15,538 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Park Avenue Securities LLC acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 15,538 shares of the company’s stock, valued at approximately $705,000.

A number of other large investors have also bought and sold shares of SPYD. Bank of America Corp DE raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 0.9% in the first quarter. Bank of America Corp DE now owns 3,356,512 shares of the company’s stock valued at $152,788,000 after buying an additional 30,295 shares during the period. Vantagepoint Investment Advisers LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter valued at $150,407,000. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 7.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 790,973 shares of the company’s stock valued at $37,737,000 after buying an additional 56,418 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 9.0% during the 1st quarter. Cetera Investment Advisers now owns 341,655 shares of the company’s stock worth $15,552,000 after acquiring an additional 28,297 shares during the period. Finally, Tidal Investments LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter worth $14,159,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of SPYD opened at $50.51 on Thursday. The business has a 50-day moving average of $47.71 and a 200 day moving average of $47.49. SPDR Portfolio S&P 500 High Dividend ETF has a fifty-two week low of $41.94 and a fifty-two week high of $50.90. The firm has a market cap of $7.86 billion, a P/E ratio of 15.73 and a beta of 0.72.

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.