Vise Technologies Inc. lifted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 52.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,030 shares of the company’s stock after purchasing an additional 3,116 shares during the period. Vise Technologies Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,323,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of SDY. Fifth Third Bancorp raised its position in shares of 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 worth $16,794,000 after purchasing an additional 108,140 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in SPDR S&P Dividend ETF by 2,324.5% in the 3rd quarter. International Assets Investment Management LLC now owns 110,000 shares of the company’s stock worth $16,113,000 after buying an additional 105,463 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings 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 buying an additional 91,702 shares during the last quarter. NBT Bank N.A. purchased a new stake in SPDR S&P Dividend ETF during the 3rd quarter worth approximately $11,869,000. Finally, Confluence Investment Management LLC increased its stake in SPDR S&P Dividend ETF by 92.5% during the 2nd quarter. Confluence Investment Management LLC now owns 132,295 shares of the company’s stock worth $20,133,000 after buying an additional 63,585 shares in the last quarter. Hedge funds and other institutional investors own 43.42% of the company’s stock.
SPDR S&P Dividend ETF Price Performance
Shares of SPDR S&P Dividend ETF stock opened at $160.87 on Friday. The business has a 50 day simple moving average of $153.85 and a two-hundred day simple moving average of $152.02. SPDR S&P Dividend ETF has a 12 month low of $135.85 and a 12 month high of $166.61. The stock has a market capitalization of $22.26 billion, a P/E ratio of 19.85 and a beta of 0.67.
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.
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