Farther Finance Advisors LLC Has $1.59 Million Stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Farther Finance Advisors LLC trimmed its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 7.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,842 shares of the company’s stock after selling 2,952 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $1,593,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SPYD. Brown Brothers Harriman & Co. bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the third quarter worth approximately $33,000. Synergy Investment Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter worth approximately $33,000. FSA Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the third quarter worth approximately $91,000. GPS Wealth Strategies Group LLC raised its stake in shares of 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 worth $230,000 after buying an additional 1,827 shares during the last quarter. Finally, Crews Bank & Trust bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter valued at approximately $245,000.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of NYSEARCA:SPYD opened at $43.13 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $38.04 and a 52 week high of $47.52. The company has a market capitalization of $6.67 billion, a PE ratio of 19.25 and a beta of 1.04. The company has a 50 day moving average price of $43.93 and a two-hundred day moving average price of $44.79.

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.