Global Trust Asset Management LLC Raises Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Global Trust Asset Management LLC raised its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,025 shares of the company’s stock after acquiring an additional 259 shares during the period. Global Trust Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC raised its holdings in shares of SPDR S&P Dividend ETF by 13,497.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after acquiring an additional 1,165,660 shares in the last quarter. Coston McIsaac & Partners raised its holdings in SPDR S&P Dividend ETF by 0.5% during the 3rd quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock valued at $2,058,000 after buying an additional 72 shares during the period. Private Advisor Group LLC raised its holdings in SPDR S&P Dividend ETF by 1.9% during the 3rd quarter. Private Advisor Group LLC now owns 138,672 shares of the company’s stock valued at $19,718,000 after buying an additional 2,643 shares during the period. Waldron Private Wealth LLC purchased a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at $61,000. Finally, Signaturefd LLC raised its holdings in SPDR S&P Dividend ETF by 5.6% during the 3rd quarter. Signaturefd LLC now owns 6,147 shares of the company’s stock valued at $873,000 after buying an additional 324 shares during the period.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $140.95 on Friday. The stock’s fifty day moving average is $140.00 and its 200 day moving average is $133.26. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $144.06. The firm has a market capitalization of $22.30 billion, a PE ratio of 19.72 and a beta of 0.68.

About SPDR S&P Dividend ETF

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.