Freedom Investment Management Inc. Sells 866 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Freedom Investment Management Inc. lessened its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 2.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,036 shares of the company’s stock after selling 866 shares during the period. Freedom Investment Management Inc.’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,402,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Golden State Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 103.2% during the 1st quarter. Golden State Wealth Management LLC now owns 575 shares of the company’s stock valued at $26,000 after purchasing an additional 292 shares in the last quarter. GSB Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 60.8% during the 2nd quarter. GSB Wealth Management LLC now owns 788 shares of the company’s stock valued at $33,000 after purchasing an additional 298 shares in the last quarter. IFP Advisors Inc bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at about $35,000. Westside Investment Management Inc. bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 1st quarter valued at about $40,000. Finally, Wayfinding Financial LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 1st quarter valued at about $72,000.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

NYSEARCA:SPYD opened at $43.82 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a fifty-two week low of $37.92 and a fifty-two week high of $47.52. The stock has a market capitalization of $7.34 billion, a PE ratio of 15.73 and a beta of 0.99. The business’s 50-day simple moving average is $44.09 and its 200-day simple moving average is $43.00.

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.