Phoenix Wealth Advisors Raises Stock Holdings in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Phoenix Wealth Advisors increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 41.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,016 shares of the company’s stock after purchasing an additional 18,020 shares during the quarter. SPDR Portfolio S&P 500 High Dividend ETF makes up 1.0% of Phoenix Wealth Advisors’ holdings, making the stock its 25th largest position. Phoenix Wealth Advisors’ holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $2,639,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in SPYD. Optiver Holding B.V. purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter worth $31,000. Sound Income Strategies LLC lifted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 277.8% during 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 last quarter. AdvisorNet Financial Inc lifted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 77.5% during the 3rd quarter. AdvisorNet Financial Inc now owns 985 shares of the company’s stock worth $43,000 after purchasing an additional 430 shares during the last quarter. Vermillion Wealth Management Inc. raised its stake in SPDR Portfolio S&P 500 High Dividend ETF by 252.9% in the third quarter. Vermillion Wealth Management Inc. now owns 1,080 shares of the company’s stock valued at $48,000 after buying an additional 774 shares during the last quarter. Finally, IFP Advisors Inc raised its stake in SPDR Portfolio S&P 500 High Dividend ETF by 58.3% in the third quarter. IFP Advisors Inc now owns 1,319 shares of the company’s stock valued at $58,000 after buying an additional 486 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

SPDR Portfolio S&P 500 High Dividend ETF stock opened at $45.93 on Thursday. The stock has a 50-day moving average of $46.46 and a two-hundred day moving average of $44.60. 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 stock has a market cap of $7.11 billion, a PE ratio of 15.73 and a beta of 0.80.

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.