SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Purchased by Smart Money Group LLC

Smart Money Group LLC grew its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,547 shares of the company’s stock after buying an additional 86 shares during the quarter. Smart Money Group LLC’s holdings in SPDR S&P Dividend ETF were worth $1,658,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in SDY. Capital Performance Advisors LLP purchased a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $31,000. JNBA Financial Advisors acquired a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at approximately $32,000. Assetmark Inc. grew its position in shares of SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the period. Strategic Investment Solutions Inc. IL boosted its stake in SPDR S&P Dividend ETF by 113.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after buying an additional 140 shares during the last quarter. Finally, ST Germain D J Co. Inc. purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at about $38,000.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $133.77 on Monday. The company has a market cap of $21.16 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45. The company has a 50-day moving average of $136.76 and a 200-day moving average of $137.00.

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.