Sage Rhino Capital LLC Raises Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Sage Rhino Capital LLC raised its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,922 shares of the company’s stock after purchasing an additional 400 shares during the quarter. SPDR S&P Dividend ETF accounts for about 2.6% of Sage Rhino Capital LLC’s holdings, making the stock its 8th biggest holding. Sage Rhino Capital LLC owned about 0.05% of SPDR S&P Dividend ETF worth $10,800,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Frazier Financial Advisors LLC bought a new position in SPDR S&P Dividend ETF in the fourth quarter valued at about $27,000. Riggs Asset Managment Co. Inc. raised its position in shares of SPDR S&P Dividend ETF by 76.8% during the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after acquiring an additional 96 shares during the last quarter. Scarborough Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth about $30,000. Farmers & Merchants Investments Inc. bought a new position in shares of SPDR S&P Dividend ETF during the first quarter worth about $33,000. Finally, Russell Investments Group Ltd. raised its position in shares of SPDR S&P Dividend ETF by 101.6% during the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after acquiring an additional 127 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY traded up $1.06 during mid-day trading on Friday, reaching $139.89. 159,316 shares of the company were exchanged, compared to its average volume of 311,307. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $140.04. The stock has a market capitalization of $22.13 billion, a PE ratio of 19.72 and a beta of 0.68. The business has a 50 day simple moving average of $132.15 and a two-hundred day simple moving average of $129.55.

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.