EverSource Wealth Advisors LLC Has $1.36 Million Stock Position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

EverSource Wealth Advisors LLC lifted its stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 8,888.6% during the 4th quarter, HoldingsChannel reports. The fund owned 31,460 shares of the company’s stock after buying an additional 31,110 shares during the period. EverSource Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,360,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. SBI Securities Co. Ltd. acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter worth $64,781,000. JPMorgan Chase & Co. grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 15.5% in the third quarter. JPMorgan Chase & Co. now owns 234,083 shares of the company’s stock worth $10,686,000 after acquiring an additional 31,346 shares during the last quarter. BIP Wealth LLC grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 0.7% in the third quarter. BIP Wealth LLC now owns 146,798 shares of the company’s stock worth $6,701,000 after acquiring an additional 1,051 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 5.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 130,288 shares of the company’s stock worth $5,634,000 after acquiring an additional 6,564 shares during the last quarter. Finally, Crescent Grove Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.9% in the fourth quarter. Crescent Grove Advisors LLC now owns 128,468 shares of the company’s stock worth $5,555,000 after acquiring an additional 3,660 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Trading Down 1.1 %

Shares of SPDR Portfolio S&P 500 High Dividend ETF stock opened at $43.35 on Thursday. The company has a market cap of $6.71 billion, a price-to-earnings ratio of 19.25 and a beta of 1.04. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $38.04 and a 1 year high of $47.52. The company’s fifty day simple moving average is $43.93 and its 200-day simple moving average is $44.80.

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.