Thrivent Financial for Lutherans boosted its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 121.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,611 shares of the company’s stock after purchasing an additional 9,657 shares during the quarter. Thrivent Financial for Lutherans’ holdings in SPDR S&P Dividend ETF were worth $2,458,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in SDY. Compass Financial Services Inc acquired a new position in SPDR S&P Dividend ETF in the third quarter worth $29,000. Delos Wealth Advisors LLC acquired a new position in SPDR S&P Dividend ETF in the third quarter worth $29,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P Dividend ETF in the fourth quarter worth $34,000. Syntax Research Inc. acquired a new position in SPDR S&P Dividend ETF in the fourth quarter worth $35,000. Finally, Capital Investment Counsel Inc acquired a new position in SPDR S&P Dividend ETF in the fourth quarter worth $51,000. Institutional investors and hedge funds own 43.42% of the company’s stock.
SPDR S&P Dividend ETF Price Performance
SPDR S&P Dividend ETF stock opened at $149.96 on Tuesday. The company has a market cap of $21.95 billion, a PE ratio of 19.85 and a beta of 0.71. The company has a fifty day moving average price of $147.39 and a two-hundred day moving average price of $145.86. SPDR S&P Dividend ETF has a 12 month low of $131.96 and a 12 month high of $156.39.
About SPDR S&P Dividend ETF
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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.
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