Buck Wealth Strategies LLC Invests $2.09 Million in SPDR S&P Dividend ETF $SDY

Buck Wealth Strategies LLC bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 14,904 shares of the company’s stock, valued at approximately $2,087,000.

Other hedge funds have also modified their holdings of the company. Insight Inv LLC acquired a new stake in SPDR S&P Dividend ETF in the second quarter valued at approximately $27,000. CVA Family Office LLC lifted its position in shares of SPDR S&P Dividend ETF by 60.0% during the third quarter. CVA Family Office LLC now owns 200 shares of the company’s stock worth $28,000 after purchasing an additional 75 shares in the last quarter. Flagship Wealth Advisors LLC boosted its stake in shares of SPDR S&P Dividend ETF by 625.0% in the third quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 175 shares during the period. Global Wealth Strategies & Associates grew its holdings in SPDR S&P Dividend ETF by 985.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock valued at $30,000 after purchasing an additional 197 shares in the last quarter. Finally, Private Wealth Asset Management LLC grew its holdings in SPDR S&P Dividend ETF by 1,245.5% during the 2nd quarter. Private Wealth Asset Management LLC now owns 296 shares of the company’s stock valued at $40,000 after purchasing an additional 274 shares in the last quarter. 43.42% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $149.21 on Tuesday. SPDR S&P Dividend ETF has a 12-month low of $119.83 and a 12-month high of $149.36. The company has a market capitalization of $21.14 billion, a price-to-earnings ratio of 19.85 and a beta of 0.79. The firm’s fifty day moving average price is $142.43 and its 200 day moving average price is $140.34.

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.