Winebrenner Capital Management LLC Purchases New Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Winebrenner Capital Management LLC purchased a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 9,643 shares of the company’s stock, valued at approximately $1,274,000. SPDR S&P Dividend ETF accounts for about 1.0% of Winebrenner Capital Management LLC’s holdings, making the stock its 28th biggest position.

Other large investors have also bought and sold shares of the company. Avion Wealth lifted its holdings in SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at $31,000. Kestra Investment Management LLC bought a new stake in SPDR S&P Dividend ETF during the fourth quarter worth about $31,000. JNBA Financial Advisors bought a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at about $32,000. Finally, Assetmark Inc. raised its holdings in shares of SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after buying an additional 167 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $136.54 on Friday. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year high of $144.45. The stock has a 50 day simple moving average of $133.45 and a two-hundred day simple moving average of $137.52. The firm has a market cap of $21.60 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.