D.A. Davidson & CO. Raises Holdings in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

D.A. Davidson & CO. lifted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 27.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,378 shares of the company’s stock after purchasing an additional 17,995 shares during the period. D.A. Davidson & CO. owned about 0.05% of SPDR Portfolio S&P 500 High Dividend ETF worth $3,539,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Golden State Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 High Dividend ETF by 103.2% in the 1st quarter. Golden State Wealth Management LLC now owns 575 shares of the company’s stock worth $26,000 after acquiring an additional 292 shares during the period. Belpointe Asset Management LLC grew its stake in SPDR Portfolio S&P 500 High Dividend ETF by 5.8% in the 2nd quarter. Belpointe Asset Management LLC now owns 5,555 shares of the company’s stock worth $236,000 after acquiring an additional 306 shares during the period. DAVENPORT & Co LLC grew its stake in SPDR Portfolio S&P 500 High Dividend ETF by 7.4% in the 2nd quarter. DAVENPORT & Co LLC now owns 18,760 shares of the company’s stock worth $796,000 after acquiring an additional 1,295 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in SPDR Portfolio S&P 500 High Dividend ETF by 3.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 49,717 shares of the company’s stock worth $2,163,000 after acquiring an additional 1,817 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in SPDR Portfolio S&P 500 High Dividend ETF by 16.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 163,152 shares of the company’s stock worth $6,924,000 after acquiring an additional 23,284 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

SPYD stock opened at $43.96 on Friday. The stock has a market capitalization of $7.37 billion, a P/E ratio of 15.73 and a beta of 0.99. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $37.92 and a one year high of $47.52. The company has a 50 day moving average price of $44.09 and a two-hundred day moving average price of $43.04.

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.