Principle Wealth Partners LLC Purchases 6,150 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Principle Wealth Partners LLC grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 42.4% in the second quarter, Holdings Channel reports. The fund owned 20,665 shares of the company’s stock after buying an additional 6,150 shares during the quarter. Principle Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $877,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Golden State Wealth Management LLC boosted its position 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 acquiring an additional 292 shares during the last quarter. GSB Wealth Management LLC boosted its position 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 acquiring an additional 298 shares during 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 approximately $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 approximately $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 approximately $72,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

NYSEARCA SPYD opened at $43.82 on Friday. The company has a market capitalization of $7.34 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 stock has a 50 day moving average price of $44.09 and a 200-day moving average price of $43.00.

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.