GAMMA Investing LLC Acquires Shares of 1,468 SPDR S&P Dividend ETF (NYSEARCA:SDY)

GAMMA Investing LLC bought a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, HoldingsChannel.com reports. The firm bought 1,468 shares of the company’s stock, valued at approximately $181,000.

Several other institutional investors have also recently made changes to their positions in SDY. Royal Bank of Canada grew its position in SPDR S&P Dividend ETF by 0.4% during the third quarter. Royal Bank of Canada now owns 2,644,815 shares of the company’s stock valued at $304,180,000 after buying an additional 10,757 shares during the period. Joel Isaacson & Co. LLC increased its stake in shares of SPDR S&P Dividend ETF by 1.5% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,370,763 shares of the company’s stock worth $272,661,000 after purchasing an additional 35,608 shares during the last quarter. Raymond James & Associates raised its holdings in shares of SPDR S&P Dividend ETF by 1.5% in the 4th quarter. Raymond James & Associates now owns 2,332,268 shares of the company’s stock worth $291,463,000 after purchasing an additional 34,564 shares during the period. J.P. Morgan Private Wealth Advisors LLC raised its holdings in shares of SPDR S&P Dividend ETF by 18.6% in the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,478,260 shares of the company’s stock worth $170,015,000 after purchasing an additional 231,382 shares during the period. Finally, International Assets Investment Management LLC lifted its stake in SPDR S&P Dividend ETF by 10,945.4% in the fourth quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock valued at $141,774,000 after purchasing an additional 1,124,197 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

NYSEARCA:SDY opened at $127.49 on Friday. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $131.67. The business has a fifty day simple moving average of $127.56 and a two-hundred day simple moving average of $122.72. The company has a market capitalization of $20.28 billion, a P/E ratio of 19.41 and a beta of 0.73.

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.