FormulaFolio Investments LLC Trims Stock Holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

FormulaFolio Investments LLC decreased its holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 73.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,154 shares of the company’s stock after selling 70,251 shares during the period. FormulaFolio Investments LLC’s holdings in SPDR Portfolio S&P 500 High Dividend ETF were worth $993,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SPYD. CWM LLC increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1,766.0% in the third quarter. CWM LLC now owns 989 shares of the company’s stock worth $38,000 after purchasing an additional 936 shares in the last quarter. Signaturefd LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the third quarter worth about $53,000. Financial Gravity Wealth Inc. bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the third quarter valued at approximately $55,000. FTB Advisors Inc. bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the third quarter valued at approximately $65,000. Finally, Doyle Wealth Management bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the second quarter valued at approximately $138,000.

SPYD stock opened at $39.50 on Thursday. The firm has a 50 day moving average of $39.12 and a 200-day moving average of $38.07. SPDR Portfolio S&P 500 High Dividend ETF has a 12 month low of $35.07 and a 12 month high of $39.68.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were given a $0.4972 dividend. This is a positive change from SPDR Portfolio S&P 500 High Dividend ETF’s previous quarterly dividend of $0.34. This represents a $1.99 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date was Friday, December 20th.

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

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