MBL Wealth LLC Has $1.10 Million Position in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

MBL Wealth LLC grew its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 1.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,000 shares of the company’s stock after purchasing an additional 254 shares during the period. MBL Wealth LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,103,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Financial Gravity Asset Management Inc. acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 1st quarter worth approximately $11,665,000. Elite Financial Inc. boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 159.0% during the 1st quarter. Elite Financial Inc. now owns 191,884 shares of the company’s stock worth $8,492,000 after buying an additional 117,803 shares during the period. First Command Advisory Services Inc. boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 7.4% during the 1st quarter. First Command Advisory Services Inc. now owns 835,116 shares of the company’s stock worth $36,962,000 after buying an additional 57,232 shares during the period. Ameriprise Financial Inc. boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 1.1% during the 1st quarter. Ameriprise Financial Inc. now owns 2,868,008 shares of the company’s stock worth $126,946,000 after buying an additional 29,862 shares during the period. Finally, SBI Securities Co. Ltd. boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 1.9% during the 1st quarter. SBI Securities Co. Ltd. now owns 1,527,178 shares of the company’s stock worth $67,593,000 after buying an additional 29,003 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

NYSEARCA:SPYD opened at $44.28 on Friday. The firm’s 50 day simple moving average is $44.01 and its 200 day simple moving average is $42.98. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $37.92 and a one year high of $47.52. The company has a market cap of $7.39 billion, a PE ratio of 15.73 and a beta of 0.99.

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.