Accredited Investors Inc. acquired a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,900 shares of the company’s stock, valued at approximately $696,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SDY. Capital Performance Advisors LLP bought a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $31,000. JNBA Financial Advisors bought a new position in SPDR S&P Dividend ETF during the third quarter valued at $32,000. Russell Investments Group Ltd. increased its position in 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 valued at $33,000 after acquiring an additional 127 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the second quarter valued at $34,000. Finally, Assetmark Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares during the last quarter.
SPDR S&P Dividend ETF Trading Down 0.2 %
Shares of NYSEARCA:SDY opened at $139.67 on Friday. SPDR S&P Dividend ETF has a 12 month low of $117.25 and a 12 month high of $144.06. The company has a market capitalization of $22.10 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The firm’s 50-day moving average is $140.68 and its 200 day moving average is $134.77.
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.
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