Nordwand Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 640 shares of the company’s stock, valued at approximately $87,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Insight Inv LLC bought a new position in shares of SPDR S&P Dividend ETF during the second quarter valued at approximately $27,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of SPDR S&P Dividend ETF in the 2nd quarter worth approximately $40,000. Private Wealth Asset Management LLC increased its position in SPDR S&P Dividend ETF by 1,245.5% during the 2nd quarter. Private Wealth Asset Management LLC now owns 296 shares of the company’s stock valued at $40,000 after buying an additional 274 shares in the last quarter. Briaud Financial Planning Inc bought a new position in SPDR S&P Dividend ETF during the 1st quarter valued at approximately $45,000. Finally, Wealth Preservation Advisors LLC purchased a new position in SPDR S&P Dividend ETF during the first quarter valued at $50,000. Hedge funds and other institutional investors own 43.42% of the company’s stock.
SPDR S&P Dividend ETF Trading Up 0.2%
NYSEARCA SDY opened at $137.35 on Wednesday. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $144.45. The stock has a market cap of $19.75 billion, a P/E ratio of 19.85 and a beta of 0.79. The stock’s fifty day moving average price is $138.86 and its 200-day moving average price is $137.82.
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.
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