SPDR S&P Dividend ETF $SDY Shares Newly Acquired by Neumann Capital Management LLC

Neumann Capital Management LLC purchased a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 29,403 shares of the company’s stock, valued at approximately $4,307,000. SPDR S&P Dividend ETF makes up about 1.1% of Neumann Capital Management LLC’s holdings, making the stock its 24th largest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of SDY. Fifth Third Bancorp grew its stake in SPDR S&P Dividend ETF by 1,558.7% during the 1st quarter. Fifth Third Bancorp now owns 115,078 shares of the company’s stock valued at $16,794,000 after acquiring an additional 108,140 shares in the last quarter. Benjamin Edwards Inc. lifted its stake in SPDR S&P Dividend ETF by 47.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 286,769 shares of the company’s stock worth $43,643,000 after purchasing an additional 91,702 shares in the last quarter. Confluence Investment Management LLC lifted its stake in SPDR S&P Dividend ETF by 92.5% in the 2nd quarter. Confluence Investment Management LLC now owns 132,295 shares of the company’s stock worth $20,133,000 after purchasing an additional 63,585 shares in the last quarter. Koenig Investment Advisory LLC purchased a new position in SPDR S&P Dividend ETF in the 4th quarter worth approximately $6,836,000. Finally, Balefire LLC lifted its stake in SPDR S&P Dividend ETF by 146.3% in the 1st quarter. Balefire LLC now owns 71,408 shares of the company’s stock worth $10,421,000 after purchasing an additional 42,410 shares in 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 SPDR S&P Dividend ETF stock opened at $153.96 on Friday. The stock has a market cap of $21.38 billion, a P/E ratio of 19.85 and a beta of 0.69. The stock’s 50 day simple moving average is $153.45 and its 200-day simple moving average is $151.68. SPDR S&P Dividend ETF has a 1-year low of $135.30 and a 1-year high of $160.29.

SPDR S&P Dividend ETF 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.