SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) Short Interest Update

SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 364,882 shares, a decline of 31.5% from the December 15th total of 532,334 shares. Based on an average daily volume of 1,493,525 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 1,493,525 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On SPDR Portfolio S&P 500 High Dividend ETF

A number of large investors have recently made changes to their positions in the business. Belpointe Asset Management LLC raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 5.8% during the second quarter. Belpointe Asset Management LLC now owns 5,555 shares of the company’s stock valued at $236,000 after buying an additional 306 shares in the last quarter. DAVENPORT & Co LLC increased its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 7.4% during the 2nd quarter. DAVENPORT & Co LLC now owns 18,760 shares of the company’s stock valued at $796,000 after acquiring an additional 1,295 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 16.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 163,152 shares of the company’s stock valued at $6,924,000 after acquiring an additional 23,284 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 3.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 49,717 shares of the company’s stock worth $2,163,000 after purchasing an additional 1,817 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 6.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 671,161 shares of the company’s stock worth $28,484,000 after purchasing an additional 40,590 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Down 0.4%

Shares of SPYD traded down $0.19 during mid-day trading on Friday, reaching $44.92. The company’s stock had a trading volume of 667,567 shares, compared to its average volume of 1,844,134. The company has a market cap of $7.48 billion, a price-to-earnings ratio of 15.73 and a beta of 0.84. The business has a fifty day moving average of $43.49 and a 200 day moving average of $43.62. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $37.92 and a 1 year high of $45.48.

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.