Perennial Investment Advisors LLC Acquires New Holdings in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Perennial Investment Advisors LLC bought a new position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,589 shares of the company’s stock, valued at approximately $237,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Western Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 10.8% in the second quarter. Western Wealth Management LLC now owns 43,236 shares of the company’s stock valued at $1,835,000 after purchasing an additional 4,214 shares in the last quarter. Financial Gravity Companies Inc. bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the second quarter worth about $11,975,000. Rockefeller Capital Management L.P. raised its position in SPDR Portfolio S&P 500 High Dividend ETF by 27.0% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 76,794 shares of the company’s stock valued at $3,259,000 after buying an additional 16,306 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 2.0% in the 2nd quarter. Kingsview Wealth Management LLC now owns 31,466 shares of the company’s stock valued at $1,335,000 after acquiring an additional 619 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 0.8% in the 2nd quarter. Avantax Advisory Services Inc. now owns 82,011 shares of the company’s stock valued at $3,481,000 after acquiring an additional 625 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Down 1.0%

Shares of SPYD opened at $42.18 on Thursday. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $37.92 and a twelve month high of $47.52. The stock has a market capitalization of $7.09 billion, a P/E ratio of 15.73 and a beta of 0.84. The company has a 50 day moving average of $43.43 and a 200-day moving average of $43.27.

SPDR Portfolio S&P 500 High Dividend ETF Company 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.