54,424 SPDR Portfolio S&P 500 High Dividend ETF $SPYD Shares Sold by Nan Fung Trinity HK Ltd.

Nan Fung Trinity HK Ltd. trimmed its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 44.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 67,500 shares of the company’s stock after selling 54,424 shares during the period. Nan Fung Trinity HK Ltd.’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $3,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of SPYD. Compass Financial Management LLC purchased a new position in SPDR Portfolio S&P 500 High Dividend ETF during the second quarter valued at $30,000. Tompkins Financial Corp bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the third quarter valued at about $31,000. Highland Investment Advisors LLC bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the second quarter valued at about $51,000. Matrix Private Capital Group LLC purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the first quarter worth about $53,000. Finally, Triumph Capital Management increased its position in SPDR Portfolio S&P 500 High Dividend ETF by 22.7% in the third quarter. Triumph Capital Management now owns 1,348 shares of the company’s stock worth $61,000 after buying an additional 249 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Down 0.9%

Shares of SPYD opened at $49.63 on Friday. The business has a 50-day simple moving average of $47.71 and a two-hundred day simple moving average of $47.63. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $41.94 and a 52 week high of $51.10. The stock has a market cap of $7.73 billion, a price-to-earnings ratio of 16.53 and a beta of 0.72.

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.