Calamos Advisors LLC Buys New Stake in SPDR S&P Dividend ETF $SDY

Calamos Advisors LLC bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 7,250 shares of the company’s stock, valued at approximately $1,058,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. AMG National Trust Bank increased its position in shares of SPDR S&P Dividend ETF by 1.4% during the first quarter. AMG National Trust Bank now owns 7,070 shares of the company’s stock worth $1,032,000 after purchasing an additional 100 shares in the last quarter. CAP Partners LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 1st quarter worth $303,000. Global Assets Advisory LLC purchased a new position in SPDR S&P Dividend ETF during the 1st quarter worth $765,000. Anchor Investment Management LLC grew its stake in SPDR S&P Dividend ETF by 35.4% during the 1st quarter. Anchor Investment Management LLC now owns 956 shares of the company’s stock worth $140,000 after buying an additional 250 shares during the last quarter. Finally, Valmark Advisers Inc. grew its stake in SPDR S&P Dividend ETF by 1.2% during the 1st quarter. Valmark Advisers Inc. now owns 12,769 shares of the company’s stock worth $1,864,000 after buying an additional 150 shares during the last quarter. 43.42% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $155.78 on Friday. The business’s 50-day moving average is $150.88 and its 200 day moving average is $149.21. SPDR S&P Dividend ETF has a 1 year low of $135.30 and a 1 year high of $156.82. The firm has a market capitalization of $21.89 billion, a P/E ratio of 19.85 and a beta of 0.69.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.