SouthState Corp Acquires Shares of 6,202 SPDR S&P Dividend ETF (NYSEARCA:SDY)

SouthState Corp acquired a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,202 shares of the company’s stock, valued at approximately $842,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC increased its stake in SPDR S&P Dividend ETF by 404.5% during the 4th quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock worth $2,443,000 after acquiring an additional 14,829 shares during the period. Russell Investments Group Ltd. increased its stake in SPDR S&P Dividend ETF by 102.1% during the 4th quarter. Russell Investments Group Ltd. now owns 1,671 shares of the company’s stock worth $221,000 after acquiring an additional 844 shares during the period. Rockefeller Capital Management L.P. increased its stake in SPDR S&P Dividend ETF by 2.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 175,519 shares of the company’s stock worth $23,186,000 after acquiring an additional 4,097 shares during the period. Mariner LLC increased its stake in SPDR S&P Dividend ETF by 5.5% during the 4th quarter. Mariner LLC now owns 200,243 shares of the company’s stock worth $26,452,000 after acquiring an additional 10,386 shares during the period. Finally, Hanlon Investment Management Inc. bought a new position in SPDR S&P Dividend ETF during the 4th quarter worth $559,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $138.45 on Tuesday. The stock’s fifty day moving average price is $137.11 and its two-hundred day moving average price is $134.61. SPDR S&P Dividend ETF has a one year low of $119.83 and a one year high of $144.45. The firm has a market cap of $20.26 billion, a PE ratio of 19.85 and a beta of 0.86.

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.