Tsfg LLC Purchases New Shares in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Tsfg LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,000 shares of the company’s stock, valued at approximately $81,000.

A number of other hedge funds have also recently added to or reduced their stakes in SPYD. IFG Advisory LLC lifted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 6.1% during the fourth quarter. IFG Advisory LLC now owns 43,831 shares of the company’s stock worth $1,718,000 after purchasing an additional 2,525 shares in the last quarter. Anchor Investment Management LLC bought a new position in SPDR Portfolio S&P 500 High Dividend ETF in the 4th quarter valued at $59,000. Eldridge Investment Advisors Inc. increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.5% in the 4th quarter. Eldridge Investment Advisors Inc. now owns 15,322 shares of the company’s stock valued at $600,000 after buying an additional 371 shares during the period. SVB Wealth LLC bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter worth $544,000. Finally, Tennessee Valley Asset Management Partners bought a new position in SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter valued at about $212,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Up 0.9 %

Shares of SPYD stock opened at $40.23 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a 12 month low of $32.88 and a 12 month high of $41.58. The firm has a market cap of $6.84 billion, a price-to-earnings ratio of 14.99 and a beta of 0.85. The stock has a 50-day moving average price of $40.33 and a 200 day moving average price of $39.52.

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.