Level Four Advisory Services LLC Boosts Stake in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Level Four Advisory Services LLC increased its position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 168.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,295 shares of the company’s stock after purchasing an additional 14,624 shares during the quarter. Level Four Advisory Services LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,025,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd bought a new position in SPDR Portfolio S&P 500 High Dividend ETF in the second quarter worth $430,000. Bank of Montreal Can grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 4.3% in the 2nd quarter. Bank of Montreal Can now owns 28,580 shares of the company’s stock worth $1,213,000 after buying an additional 1,174 shares during the period. Mascagni Wealth Management Inc. grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 11.9% in the 2nd quarter. Mascagni Wealth Management Inc. now owns 5,143 shares of the company’s stock worth $218,000 after buying an additional 548 shares during the period. Texas Yale Capital Corp. increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 8.5% in the 2nd quarter. Texas Yale Capital Corp. now owns 47,193 shares of the company’s stock worth $2,003,000 after acquiring an additional 3,681 shares in the last quarter. Finally, Atlas Legacy Advisors LLC purchased a new position in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at about $615,000.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

NYSEARCA:SPYD opened at $47.30 on Friday. The firm has a market capitalization of $7.83 billion, a P/E 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 $48.53. The company’s 50-day simple moving average is $45.84 and its 200 day simple moving average is $44.42.

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.