3,201 Shares in SPDR S&P Dividend ETF $SDY Purchased by Gallacher Capital Management LLC

Gallacher Capital Management LLC purchased a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,201 shares of the company’s stock, valued at approximately $469,000.

Several other institutional investors have also recently made changes to their positions in the company. Noesis Capital Mangement Corp lifted its holdings in SPDR S&P Dividend ETF by 1.3% in the third quarter. Noesis Capital Mangement Corp now owns 5,157 shares of the company’s stock valued at $755,000 after acquiring an additional 64 shares during the last quarter. Bangor Savings Bank grew its position in SPDR S&P Dividend ETF by 5.6% in the second quarter. Bangor Savings Bank now owns 1,481 shares of the company’s stock worth $225,000 after acquiring an additional 79 shares during the period. Pittenger & Anderson Inc. increased its stake in SPDR S&P Dividend ETF by 3.9% during the first quarter. Pittenger & Anderson Inc. now owns 2,136 shares of the company’s stock worth $312,000 after acquiring an additional 80 shares during the last quarter. RFG Bristol Wealth Advisors LLC increased its stake in SPDR S&P Dividend ETF by 5.6% during the first quarter. RFG Bristol Wealth Advisors LLC now owns 1,589 shares of the company’s stock worth $232,000 after acquiring an additional 84 shares during the last quarter. Finally, Key Client Fiduciary Advisors LLC increased its stake in SPDR S&P Dividend ETF by 2.4% during the second quarter. Key Client Fiduciary Advisors LLC now owns 3,621 shares of the company’s stock worth $551,000 after acquiring an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Down 1.0%

NYSEARCA:SDY opened at $161.15 on Wednesday. SPDR S&P Dividend ETF has a 52 week low of $135.53 and a 52 week high of $163.20. The company has a market capitalization of $23.93 billion, a P/E ratio of 19.85 and a beta of 0.67. The stock’s fifty day moving average is $153.56 and its two-hundred day moving average is $151.77.

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.