Noesis Capital Mangement Corp Has $1.08 Million Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Noesis Capital Mangement Corp lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 51.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 7,624 shares of the company’s stock after purchasing an additional 2,590 shares during the quarter. Noesis Capital Mangement Corp’s holdings in SPDR S&P Dividend ETF were worth $1,083,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP acquired a new stake in SPDR S&P Dividend ETF in the 3rd quarter valued at $31,000. JNBA Financial Advisors acquired a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at about $32,000. Russell Investments Group Ltd. raised its holdings 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 worth $33,000 after acquiring an additional 127 shares in the last quarter. Assetmark Inc. raised its holdings in SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL boosted its position in SPDR S&P Dividend ETF by 113.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after purchasing an additional 140 shares during the last quarter.

SPDR S&P Dividend ETF Stock Up 0.2 %

NYSEARCA:SDY opened at $143.76 on Thursday. SPDR S&P Dividend ETF has a twelve month low of $118.33 and a twelve month high of $144.45. The firm has a market capitalization of $22.74 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The stock’s 50 day moving average price is $140.99 and its two-hundred day moving average price is $135.46.

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.