Whittier Trust Co. Increases Stock Position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Whittier Trust Co. lifted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 217.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 5,842 shares of the company’s stock after purchasing an additional 4,000 shares during the period. Whittier Trust Co.’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $267,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Valeo Financial Advisors LLC grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 1.1% during the third quarter. Valeo Financial Advisors LLC now owns 22,426 shares of the company’s stock worth $1,024,000 after acquiring an additional 239 shares during the period. IFG Advisory LLC grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.1% during the 2nd quarter. IFG Advisory LLC now owns 45,461 shares of the company’s stock worth $1,829,000 after purchasing an additional 502 shares during the period. First PREMIER Bank increased its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 0.9% in the 3rd quarter. First PREMIER Bank now owns 76,962 shares of the company’s stock valued at $3,513,000 after purchasing an additional 670 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the first quarter valued at about $60,000. Finally, Tsfg LLC purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the first quarter worth about $81,000.

SPDR Portfolio S&P 500 High Dividend ETF Trading Up 0.3 %

Shares of SPDR Portfolio S&P 500 High Dividend ETF stock opened at $45.80 on Thursday. The company has a 50-day moving average of $45.04 and a two-hundred day moving average of $42.27. SPDR Portfolio S&P 500 High Dividend ETF has a 12-month low of $32.88 and a 12-month high of $46.27. The stock has a market cap of $7.79 billion, a PE ratio of 14.99 and a beta of 0.85.

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.