Family Firm Inc. Purchases Shares of 4,291 SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Family Firm Inc. acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,291 shares of the company’s stock, valued at approximately $173,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYD. Eldridge Investment Advisors Inc. lifted its position in SPDR Portfolio S&P 500 High Dividend ETF by 2.5% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 15,322 shares of the company’s stock valued at $600,000 after purchasing an additional 371 shares during the period. Valeo Financial Advisors LLC lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 1.8% in the first quarter. Valeo Financial Advisors LLC now owns 21,958 shares of the company’s stock valued at $875,000 after buying an additional 384 shares during the period. Crescent Grove Advisors LLC lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 0.8% in the first quarter. Crescent Grove Advisors LLC now owns 135,883 shares of the company’s stock valued at $5,532,000 after buying an additional 1,060 shares during the period. Westend Capital Management LLC bought a new position in SPDR Portfolio S&P 500 High Dividend ETF in the first quarter valued at approximately $52,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 1st quarter worth $60,000.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

Shares of SPDR Portfolio S&P 500 High Dividend ETF stock traded up $0.61 during trading on Friday, hitting $44.60. 1,134,479 shares of the company were exchanged, compared to its average volume of 1,101,974. The firm has a market capitalization of $7.59 billion, a P/E ratio of 14.99 and a beta of 0.85. The firm’s fifty day moving average price is $41.88 and its 200 day moving average price is $40.46. SPDR Portfolio S&P 500 High Dividend ETF has a 1-year low of $32.88 and a 1-year high of $44.70.

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.