Fairscale Capital LLC Acquires New Position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Fairscale Capital LLC acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,969 shares of the company’s stock, valued at approximately $126,000.

A number of other large investors have also recently bought and sold shares of the business. Rothschild Investment LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the second quarter valued at approximately $264,000. Future Financial Wealth Managment LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the first quarter worth $60,000. Vermillion & White Wealth Management Group LLC bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter valued at $165,000. Heartwood Wealth Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 33.1% during the first quarter. Heartwood Wealth Advisors LLC now owns 106,619 shares of the company’s stock valued at $4,340,000 after acquiring an additional 26,486 shares during the period. Finally, SWS Partners grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.4% during the fourth quarter. SWS Partners now owns 195,601 shares of the company’s stock worth $7,666,000 after acquiring an additional 2,755 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Down 0.3 %

SPYD stock opened at $45.16 on Friday. The firm’s 50-day simple moving average is $43.77 and its 200 day simple moving average is $41.38. The stock has a market cap of $7.68 billion, a PE ratio of 14.99 and a beta of 0.85. SPDR Portfolio S&P 500 High Dividend ETF has a fifty-two week low of $32.88 and a fifty-two week high of $46.20.

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.