Wedbush Securities Inc. Cuts Holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Wedbush Securities Inc. lessened its position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 4.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 63,983 shares of the company’s stock after selling 2,938 shares during the period. Wedbush Securities Inc.’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $2,767,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 38.9% during the 4th quarter. JPMorgan Chase & Co. now owns 325,212 shares of the company’s stock worth $14,062,000 after purchasing an additional 91,129 shares during the period. AllSquare Wealth Management LLC lifted its position in SPDR Portfolio S&P 500 High Dividend ETF by 7.9% during the fourth quarter. AllSquare Wealth Management LLC now owns 6,183 shares of the company’s stock valued at $267,000 after buying an additional 455 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in SPDR Portfolio S&P 500 High Dividend ETF by 8,888.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 31,460 shares of the company’s stock worth $1,360,000 after buying an additional 31,110 shares during the period. Lindbrook Capital LLC increased its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 13.7% in the fourth quarter. Lindbrook Capital LLC now owns 15,915 shares of the company’s stock worth $688,000 after acquiring an additional 1,913 shares in the last quarter. Finally, Synergy Investment Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 4th quarter valued at $33,000.

SPDR Portfolio S&P 500 High Dividend ETF Trading Down 5.1 %

Shares of SPDR Portfolio S&P 500 High Dividend ETF stock opened at $40.38 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $38.04 and a twelve month high of $47.52. The stock has a market cap of $6.31 billion, a price-to-earnings ratio of 18.46 and a beta of 0.86. The company has a fifty day moving average price of $44.06 and a 200 day moving average price of $44.65.

SPDR Portfolio S&P 500 High Dividend ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were given a $0.4189 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.