3,311 Shares in SPDR S&P Dividend ETF $SDY Acquired by Matrix Private Capital Group LLC

Matrix Private Capital Group LLC acquired a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,311 shares of the company’s stock, valued at approximately $483,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Park National Corp OH bought a new stake in shares of SPDR S&P Dividend ETF in the first quarter worth $28,000. Ankerstar Wealth LLC bought a new position in SPDR S&P Dividend ETF during the fourth quarter worth about $33,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth approximately $34,000. MBM Wealth Consultants LLC bought a new position in SPDR S&P Dividend ETF during the first quarter worth $34,000. Finally, Syntax Research Inc. bought a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth about $35,000. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

SDY opened at $155.73 on Friday. The business has a fifty day simple moving average of $151.72 and a 200 day simple moving average of $149.76. SPDR S&P Dividend ETF has a 1 year low of $135.30 and a 1 year high of $157.66. The company has a market capitalization of $21.86 billion, a PE ratio of 19.85 and a beta of 0.69.

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.