Mainstream Capital Management LLC Makes New Investment in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Mainstream Capital Management LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,576 shares of the company’s stock, valued at approximately $300,000.

Several other hedge funds have also modified their holdings of SPYD. Flow Traders U.S. LLC raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 35.0% in the first quarter. Flow Traders U.S. LLC now owns 79,082 shares of the company’s stock valued at $3,219,000 after acquiring an additional 20,513 shares in the last quarter. Family Firm Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the second quarter valued at $173,000. Rothschild Investment LLC acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF in the second quarter valued at $264,000. IFG Advisory LLC raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.1% in the second quarter. IFG Advisory LLC now owns 45,461 shares of the company’s stock valued at $1,829,000 after acquiring an additional 502 shares in the last quarter. Finally, Parallel Advisors LLC increased its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 1,137.0% in the second 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 last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

NYSEARCA:SPYD opened at $45.77 on Friday. The firm has a market capitalization of $7.79 billion, a PE ratio of 14.99 and a beta of 0.85. The business’s fifty day moving average price is $45.30 and its 200 day moving average price is $42.72. SPDR Portfolio S&P 500 High Dividend ETF has a 12 month low of $33.94 and a 12 month high of $46.27.

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.