L.M. Kohn & Company Boosts Stock Position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

L.M. Kohn & Company raised its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 1.7% during the fourth quarter, Holdings Channel reports. The fund owned 15,275 shares of the company’s stock after buying an additional 254 shares during the period. L.M. Kohn & Company’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $660,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter valued at $33,000. FSA Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the third quarter valued at about $91,000. GPS Wealth Strategies Group LLC lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 52.3% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 5,318 shares of the company’s stock valued at $230,000 after purchasing an additional 1,827 shares during the last quarter. Crews Bank & Trust purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter valued at approximately $245,000. Finally, Whittier Trust Co. lifted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 217.2% during the 3rd quarter. Whittier Trust Co. now owns 5,842 shares of the company’s stock valued at $267,000 after buying an additional 4,000 shares in the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Trading Down 0.2 %

Shares of SPYD stock opened at $44.06 on Friday. The stock has a market capitalization of $7.49 billion, a P/E ratio of 14.99 and a beta of 0.85. The firm’s 50 day moving average is $43.79 and its 200 day moving average is $44.64. SPDR Portfolio S&P 500 High Dividend ETF has a 12 month low of $38.04 and a 12 month high of $47.52.

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.