Hutchinson Financial Advisors INC Takes Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD
by Renee Jackson · The Cerbat GemHutchinson Financial Advisors INC bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 27,474 shares of the company’s stock, valued at approximately $1,166,000.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Ameriprise Financial Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.1% in the first quarter. Ameriprise Financial Inc. now owns 2,868,008 shares of the company’s stock valued at $126,946,000 after acquiring an additional 29,862 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.9% in the first quarter. SBI Securities Co. Ltd. now owns 1,527,178 shares of the company’s stock valued at $67,593,000 after acquiring an additional 29,003 shares in the last quarter. First Command Advisory Services Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 4.3% in the second quarter. First Command Advisory Services Inc. now owns 870,612 shares of the company’s stock valued at $36,949,000 after acquiring an additional 35,496 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 6.4% in the second quarter. Envestnet Asset Management Inc. now owns 671,161 shares of the company’s stock valued at $28,484,000 after acquiring an additional 40,590 shares in the last quarter. Finally, Barry Investment Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 5.3% in the second quarter. Barry Investment Advisors LLC now owns 375,953 shares of the company’s stock valued at $15,955,000 after acquiring an additional 18,935 shares in the last quarter.
SPDR Portfolio S&P 500 High Dividend ETF Stock Up 0.1%
Shares of NYSEARCA:SPYD opened at $42.57 on Friday. The company has a market cap of $7.15 billion, a price-to-earnings ratio of 15.73 and a beta of 0.84. The firm’s 50-day simple moving average is $43.98 and its 200-day simple moving average is $43.15. 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.
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.
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