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

EverSource Wealth Advisors LLC increased its position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 8,888.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. 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 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SPYD. BIP Wealth LLC increased its holdings in 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 buying an additional 1,051 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the third quarter valued at approximately $33,000. BNP Paribas Financial Markets grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 438.0% during the third quarter. BNP Paribas Financial Markets now owns 6,478 shares of the company’s stock valued at $296,000 after purchasing an additional 5,274 shares during the last quarter. FSA Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the third quarter valued at approximately $91,000. Finally, Integrated Wealth Concepts LLC grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 767.8% during the third quarter. Integrated Wealth Concepts LLC now owns 120,504 shares of the company’s stock valued at $5,501,000 after purchasing an additional 106,618 shares during the last quarter.

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

Shares of SPYD stock opened at $43.35 on Thursday. SPDR Portfolio S&P 500 High Dividend ETF has a 12 month low of $38.04 and a 12 month high of $47.52. The business’s 50 day moving average is $43.93 and its two-hundred day moving average is $44.80. The company has a market cap of $6.71 billion, a PE ratio of 19.25 and a beta of 1.04.

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.