Cetera Investment Advisers Buys 28,297 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Cetera Investment Advisers increased its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 9.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 341,655 shares of the company’s stock after acquiring an additional 28,297 shares during the quarter. Cetera Investment Advisers’ holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $15,552,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SPYD. Modus Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter valued at approximately $28,000. Sound Income Strategies LLC lifted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 277.8% in the 4th quarter. Sound Income Strategies LLC now owns 816 shares of the company’s stock worth $37,000 after purchasing an additional 600 shares during the period. SHP Wealth Management acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 4th quarter worth approximately $43,000. IFP Advisors Inc boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 58.3% in the 3rd quarter. IFP Advisors Inc now owns 1,319 shares of the company’s stock valued at $58,000 after purchasing an additional 486 shares during the last quarter. Finally, Colonial Trust Advisors bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 4th quarter valued at $65,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Up 1.3%

SPYD opened at $50.54 on Wednesday. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $41.87 and a twelve month high of $50.90. The company has a fifty day moving average of $48.25 and a 200-day moving average of $46.90. The stock has a market cap of $7.78 billion, a PE ratio of 15.73 and a beta of 0.71.

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.