Kohmann Bosshard Financial Services LLC bought a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) during the 4th quarter, HoldingsChannel reports. The firm bought 300 shares of the company’s stock, valued at approximately $40,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of SDY. Farther Finance Advisors LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 98.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,468 shares of the company’s stock valued at $635,000 after buying an additional 2,220 shares during the period. Janney Capital Management LLC bought a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at $365,000. Pure Financial Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at $356,000. Lodestone Wealth Management LLC bought a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at $205,000. Finally, Forum Financial Management LP lifted its holdings in shares of SPDR S&P Dividend ETF by 9.9% during the 3rd quarter. Forum Financial Management LP now owns 11,383 shares of the company’s stock valued at $1,617,000 after buying an additional 1,023 shares during the period.
SPDR S&P Dividend ETF Price Performance
NYSEARCA SDY opened at $138.36 on Tuesday. The business’s fifty day moving average price is $133.82 and its 200-day moving average price is $137.79. The stock has a market capitalization of $20.70 billion, a price-to-earnings ratio of 21.48 and a beta of 0.88. SPDR S&P Dividend ETF has a 1-year low of $124.37 and a 1-year high of $144.45.
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.
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Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report).
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