SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) Short Interest Update

SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 345,027 shares, a decline of 20.2% from the January 15th total of 432,366 shares. Based on an average daily trading volume, of 1,665,107 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 1,665,107 shares, the short-interest ratio is currently 0.2 days.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

SPYD traded up $0.51 during trading hours on Friday, reaching $48.07. The company’s stock had a trading volume of 1,907,120 shares, compared to its average volume of 2,091,937. The company’s 50-day moving average is $44.67 and its 200-day moving average is $43.98. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $37.92 and a 52 week high of $48.38. The firm has a market cap of $7.96 billion, a PE ratio of 15.73 and a beta of 0.84.

Institutional Trading of SPDR Portfolio S&P 500 High Dividend ETF

Hedge funds have recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 6.4% in the second quarter. Envestnet Asset Management Inc. now owns 671,161 shares of the company’s stock valued at $28,484,000 after buying an additional 40,590 shares during the period. Global Retirement Partners LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at approximately $451,000. CWM LLC raised its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 19.4% during the 3rd quarter. CWM LLC now owns 186,112 shares of the company’s stock worth $8,189,000 after purchasing an additional 30,249 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 3rd quarter worth approximately $187,209,000. Finally, IFP Advisors Inc bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 2nd quarter valued at $35,000.

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.