PFG Investments LLC Buys 542 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

PFG Investments LLC grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,926 shares of the company’s stock after purchasing an additional 542 shares during the period. PFG Investments LLC’s holdings in SPDR S&P Dividend ETF were worth $1,972,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans increased its stake in shares of SPDR S&P Dividend ETF by 5.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 23,883 shares of the company’s stock worth $3,037,000 after purchasing an additional 1,204 shares during the last quarter. Silver Lake Advisory LLC purchased a new stake in SPDR S&P Dividend ETF in the second quarter worth $650,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of SPDR S&P Dividend ETF by 2.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 97,397 shares of the company’s stock valued at $12,387,000 after buying an additional 2,705 shares during the period. Sunbelt Securities Inc. lifted its position in shares of SPDR S&P Dividend ETF by 4.7% during the 2nd quarter. Sunbelt Securities Inc. now owns 9,762 shares of the company’s stock valued at $1,242,000 after buying an additional 439 shares during the last quarter. Finally, High Falls Advisors Inc lifted its position in shares of SPDR S&P Dividend ETF by 7.3% during the 2nd quarter. High Falls Advisors Inc now owns 15,517 shares of the company’s stock valued at $1,973,000 after buying an additional 1,057 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $136.34 on Tuesday. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45. The business has a 50-day moving average of $136.10 and a 200 day moving average of $137.34. The firm has a market cap of $21.57 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.