Insight Inv LLC bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 201 shares of the company’s stock, valued at approximately $27,000.
Other institutional investors also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group acquired a new position in SPDR S&P Dividend ETF in the 2nd quarter valued at about $40,000. Crews Bank & Trust grew its position in SPDR S&P Dividend ETF by 98.2% in the 1st quarter. Crews Bank & Trust now owns 327 shares of the company’s stock valued at $44,000 after acquiring an additional 162 shares in the last quarter. Briaud Financial Planning Inc acquired a new position in SPDR S&P Dividend ETF in the 1st quarter valued at about $45,000. Wealth Preservation Advisors LLC acquired a new position in SPDR S&P Dividend ETF in the 1st quarter valued at about $50,000. Finally, Garde Capital Inc. acquired a new position in SPDR S&P Dividend ETF in the 1st quarter valued at about $52,000. 43.42% of the stock is owned by institutional investors and hedge funds.
SPDR S&P Dividend ETF Price Performance
NYSEARCA SDY opened at $140.40 on Thursday. The company has a market cap of $20.30 billion, a P/E ratio of 19.85 and a beta of 0.86. The stock has a 50-day moving average of $139.93 and a two-hundred day moving average of $136.04. SPDR S&P Dividend ETF has a 1-year low of $119.83 and a 1-year high of $144.45.
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.
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