Cascade Investment Group Inc. Makes New $1.37 Million Investment in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Cascade Investment Group Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 30,281 shares of the company’s stock, valued at approximately $1,374,000.

Several other large investors also recently bought and sold shares of SPYD. Auto Owners Insurance Co lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 5,697.4% during the 4th quarter. Auto Owners Insurance Co now owns 118,847,500 shares of the company’s stock valued at $5,140,154,000 after acquiring an additional 116,797,500 shares during the period. Tidal Investments LLC purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at about $14,159,000. Venture Visionary Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the third quarter worth approximately $5,400,000. Heartwood Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the third quarter worth approximately $4,487,000. Finally, Avior Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the third quarter worth approximately $3,803,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of SPYD traded up $0.02 during mid-day trading on Tuesday, hitting $46.00. 453,057 shares of the company traded hands, compared to its average volume of 1,381,211. The stock has a 50-day moving average price of $48.39 and a two-hundred day moving average price of $47.77. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $41.87 and a 1 year high of $50.90. The stock has a market cap of $7.15 billion, a price-to-earnings ratio of 15.73 and a beta of 0.73.

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.