TL Private Wealth Has $5.88 Million Stock Holdings in SPDR S&P Dividend ETF $SDY

TL Private Wealth boosted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,658 shares of the company’s stock after acquiring an additional 633 shares during the quarter. SPDR S&P Dividend ETF accounts for 2.4% of TL Private Wealth’s portfolio, making the stock its 10th largest position. TL Private Wealth’s holdings in SPDR S&P Dividend ETF were worth $5,877,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its stake in SPDR S&P Dividend ETF by 350.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 315 shares of the company’s stock worth $43,000 after acquiring an additional 245 shares in the last quarter. Crews Bank & Trust raised its stake in SPDR S&P Dividend ETF by 98.2% during the first quarter. Crews Bank & Trust now owns 327 shares of the company’s stock worth $44,000 after acquiring an additional 162 shares in the last quarter. Ameriflex Group Inc. acquired a new position in SPDR S&P Dividend ETF during the fourth quarter worth $44,000. Briaud Financial Planning Inc acquired a new position in SPDR S&P Dividend ETF during the first quarter worth $45,000. Finally, Wealth Preservation Advisors LLC acquired a new position in SPDR S&P Dividend ETF during the first quarter worth $50,000. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $140.66 on Monday. The stock has a fifty day moving average price of $139.66 and a two-hundred day moving average price of $135.59. SPDR S&P Dividend ETF has a 52-week low of $119.83 and a 52-week high of $144.45. The firm has a market capitalization of $20.59 billion, a P/E ratio of 19.85 and a beta of 0.86.

SPDR S&P Dividend ETF Company Profile

The SPDR S&P Dividend ETF seeks to closely match the returns and characteristics of the S&P High Yield Dividend Aristocrats Index (the Index). The Index is designed to measure the performance of the 60 highest dividend yielding S&P Composite 1500 Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 25 consecutive years.