Harpswell Capital Advisors LLC Acquires Shares of 16,000 SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Harpswell Capital Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 16,000 shares of the company’s stock, valued at approximately $704,000. SPDR Portfolio S&P 500 High Dividend ETF comprises approximately 0.7% of Harpswell Capital Advisors LLC’s portfolio, making the stock its 21st biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. IFP Advisors Inc purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at approximately $35,000. AdvisorNet Financial Inc boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 77.5% during the 3rd quarter. AdvisorNet Financial Inc now owns 985 shares of the company’s stock valued at $43,000 after acquiring an additional 430 shares during the last quarter. Access Investment Management LLC acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter worth $42,000. Vermillion Wealth Management Inc. grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 252.9% during the 3rd quarter. Vermillion Wealth Management Inc. now owns 1,080 shares of the company’s stock worth $48,000 after acquiring an additional 774 shares in the last quarter. Finally, Westside Investment Management Inc. increased its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 116.7% in the 2nd quarter. Westside Investment Management Inc. now owns 1,950 shares of the company’s stock worth $83,000 after purchasing an additional 1,050 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of SPYD stock opened at $47.05 on Tuesday. The stock has a market capitalization of $7.79 billion, a price-to-earnings ratio of 15.73 and a beta of 0.84. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $37.92 and a one year high of $47.15. The company’s 50-day simple moving average is $44.32 and its 200-day simple moving average is $43.87.

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.