SPDR S&P Dividend ETF $SDY Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 15.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 253,134 shares of the company’s stock after purchasing an additional 33,431 shares during the quarter. Kestra Advisory Services LLC owned 0.18% of SPDR S&P Dividend ETF worth $36,942,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Park National Corp OH acquired a new position in shares of SPDR S&P Dividend ETF during the first quarter valued at $28,000. Delos Wealth Advisors LLC bought a new stake in SPDR S&P Dividend ETF in the 3rd quarter valued at about $29,000. Ankerstar Wealth LLC bought a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at about $33,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P Dividend ETF during the 4th quarter valued at about $34,000. Finally, MBM Wealth Consultants LLC acquired a new position in SPDR S&P Dividend ETF during the 1st quarter valued at about $34,000. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

SDY stock traded up $1.23 on Friday, reaching $154.36. The company’s stock had a trading volume of 174,951 shares, compared to its average volume of 258,363. SPDR S&P Dividend ETF has a 52 week low of $135.30 and a 52 week high of $156.82. The company has a market capitalization of $21.70 billion, a P/E ratio of 19.85 and a beta of 0.69. The firm has a fifty day moving average of $150.48 and a two-hundred day moving average of $148.76.

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.