SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Bought by Private Wealth Group LLC

Private Wealth Group LLC grew its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.7% during the 4th quarter, Holdings Channel reports. The firm owned 49,455 shares of the company’s stock after purchasing an additional 1,300 shares during the period. SPDR S&P Dividend ETF comprises 3.2% of Private Wealth Group LLC’s investment portfolio, making the stock its 10th largest position. Private Wealth Group LLC’s holdings in SPDR S&P Dividend ETF were worth $6,533,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Capital Performance Advisors LLP bought a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $31,000. JNBA Financial Advisors purchased a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at $32,000. Assetmark Inc. increased its position in 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 purchasing an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL increased its holdings in SPDR S&P Dividend ETF by 113.8% in the third 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. bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $38,000.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $133.92 on Friday. The stock has a market capitalization of $21.19 billion, a P/E ratio of 19.72 and a beta of 0.68. The business has a 50-day moving average of $136.34 and a two-hundred day moving average of $137.16. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45.

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.