Vawter Financial Ltd. Makes New Investment in SPDR S&P Dividend ETF $SDY

Vawter Financial Ltd. acquired a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 7,500 shares of the company’s stock, valued at approximately $1,050,000.

Several other hedge funds also recently bought and sold shares of the company. CVA Family Office LLC raised its holdings in 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 valued at $28,000 after acquiring an additional 75 shares during the period. Flagship Wealth Advisors LLC raised its stake in SPDR S&P Dividend ETF by 625.0% during the 3rd 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. Compass Financial Services Inc bought a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $29,000. Global Wealth Strategies & Associates lifted its holdings in SPDR S&P Dividend ETF by 985.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock worth $30,000 after purchasing an additional 197 shares in the last quarter. Finally, Total Investment Management Inc. bought a new position in SPDR S&P Dividend ETF in the 2nd quarter worth approximately $43,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $155.36 on Wednesday. SPDR S&P Dividend ETF has a fifty-two week low of $119.83 and a fifty-two week high of $156.12. The company’s fifty day moving average is $146.84 and its 200 day moving average is $142.07. The stock has a market capitalization of $22.03 billion, a PE ratio of 19.85 and a beta of 0.79.

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.