Janney Montgomery Scott LLC Lowers Stock Holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Janney Montgomery Scott LLC lessened its position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 4.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 123,724 shares of the company’s stock after selling 5,685 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.07% of SPDR Portfolio S&P 500 High Dividend ETF worth $5,648,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Rothschild Investment LLC purchased a new position in SPDR Portfolio S&P 500 High Dividend ETF in the 2nd quarter valued at approximately $264,000. Valeo Financial Advisors LLC raised its position in SPDR Portfolio S&P 500 High Dividend ETF by 1.1% in the 3rd quarter. Valeo Financial Advisors LLC now owns 22,426 shares of the company’s stock valued at $1,024,000 after purchasing an additional 239 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1,137.0% in the 2nd quarter. Parallel Advisors LLC now owns 14,696 shares of the company’s stock valued at $591,000 after buying an additional 13,508 shares during the period. Heartwood Wealth Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 3.9% during the third quarter. Heartwood Wealth Advisors LLC now owns 113,061 shares of the company’s stock worth $5,161,000 after buying an additional 4,257 shares in the last quarter. Finally, Fairscale Capital LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the second quarter valued at approximately $126,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

SPYD opened at $46.01 on Friday. The business’s 50-day simple moving average is $45.31 and its 200-day simple moving average is $42.77. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $33.94 and a one year high of $46.27. The company has a market cap of $7.83 billion, a P/E ratio of 14.99 and a beta of 0.85.

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.