Lanham O Dell & Company Inc. Increases Stock Holdings in SPDR S&P Dividend ETF $SDY

Lanham O Dell & Company Inc. boosted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 217,246 shares of the company’s stock after buying an additional 18,279 shares during the period. SPDR S&P Dividend ETF comprises about 8.7% of Lanham O Dell & Company Inc.’s portfolio, making the stock its 6th biggest holding. Lanham O Dell & Company Inc.’s holdings in SPDR S&P Dividend ETF were worth $30,232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CVA Family Office LLC increased its position in SPDR S&P Dividend ETF by 60.0% during the 3rd quarter. CVA Family Office LLC now owns 200 shares of the company’s stock worth $28,000 after buying an additional 75 shares during the period. Flagship Wealth Advisors LLC boosted its position in shares of SPDR S&P Dividend ETF by 625.0% in the third quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after acquiring an additional 175 shares during the period. Compass Financial Services Inc bought a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at about $29,000. Delos Wealth Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at about $29,000. Finally, Global Wealth Strategies & Associates grew its stake in shares of SPDR S&P Dividend ETF by 985.0% in the third quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock valued at $30,000 after acquiring an additional 197 shares in the last quarter. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $144.92 on Wednesday. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $156.39. The firm’s 50-day simple moving average is $150.54 and its 200 day simple moving average is $143.40. The firm has a market cap of $20.55 billion, a price-to-earnings ratio of 19.85 and a beta of 0.79.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.