SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) Sees Large Volume Increase

SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) saw an uptick in trading volume on Monday . 440,578 shares traded hands during mid-day trading, a decline of 60% from the previous session’s volume of 1,099,754 shares.The stock last traded at $42.71 and had previously closed at $42.81.

SPDR Portfolio S&P 500 High Dividend ETF Trading Down 0.7 %

The company has a market capitalization of $7.23 billion, a price-to-earnings ratio of 14.99 and a beta of 0.85. The company’s 50 day simple moving average is $41.25 and its 200-day simple moving average is $40.14.

Institutional Trading of SPDR Portfolio S&P 500 High Dividend ETF

Hedge funds have recently bought and sold shares of the company. Westend Capital Management LLC acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF in the 1st quarter valued at $52,000. Future Financial Wealth Managment LLC purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the first quarter valued at $60,000. ICA Group Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter valued at $61,000. Whittier Trust Co. boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 1,723.8% in the 1st quarter. Whittier Trust Co. now owns 1,842 shares of the company’s stock worth $75,000 after buying an additional 1,741 shares during the last quarter. Finally, Tsfg LLC acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the first quarter worth approximately $81,000.

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.