SPDR S&P Dividend ETF $SDY Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP raised its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 133.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,988 shares of the company’s stock after purchasing an additional 10,855 shares during the quarter. Quantinno Capital Management LP’s holdings in SPDR S&P Dividend ETF were worth $2,771,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Park National Corp OH acquired a new stake in shares of SPDR S&P Dividend ETF during the 1st quarter worth $28,000. Ankerstar Wealth LLC acquired a new position in SPDR S&P Dividend ETF in the fourth quarter valued at $33,000. MBM Wealth Consultants LLC purchased a new stake in SPDR S&P Dividend ETF during the first quarter valued at about $34,000. Syntax Research Inc. purchased a new stake in SPDR S&P Dividend ETF during the fourth quarter valued at about $35,000. Finally, Core Wealth Advisors LLC acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter worth about $35,000. 43.42% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $157.83 on Monday. The stock’s 50-day moving average is $153.25 and its 200-day moving average is $150.70. The company has a market cap of $23.90 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 12 month low of $135.30 and a 12 month high of $160.29.

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.