Ransom Advisory Ltd Makes New Investment in SPDR S&P Dividend ETF $SDY

Ransom Advisory Ltd bought a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, Holdings Channel.com reports. The fund bought 5,065 shares of the company’s stock, valued at approximately $705,000.

Other large investors have also modified their holdings of the company. CVA Family Office LLC increased its holdings in SPDR S&P Dividend ETF by 60.0% in the third quarter. CVA Family Office LLC now owns 200 shares of the company’s stock valued at $28,000 after buying an additional 75 shares during the last quarter. Flagship Wealth Advisors LLC lifted its holdings in SPDR S&P Dividend ETF by 625.0% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after buying an additional 175 shares during the last quarter. Compass Financial Services Inc acquired a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter worth approximately $29,000. Delos Wealth Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $29,000. Finally, Global Wealth Strategies & Associates increased its holdings in shares of SPDR S&P Dividend ETF by 985.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock valued at $30,000 after acquiring an additional 197 shares during the last quarter. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $145.87 on Friday. The business’s fifty day moving average price is $150.51 and its 200 day moving average price is $143.28. SPDR S&P Dividend ETF has a 12-month low of $119.83 and a 12-month high of $156.39. The stock has a market capitalization of $20.68 billion, a PE ratio of 19.85 and a beta of 0.79.

SPDR S&P Dividend ETF 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.