SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Purchased by Choreo LLC

Choreo LLC increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,677 shares of the company’s stock after purchasing an additional 858 shares during the period. Choreo LLC’s holdings in SPDR S&P Dividend ETF were worth $2,334,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Flaharty Asset Management LLC increased its holdings in shares of SPDR S&P Dividend ETF by 1.6% during the 4th quarter. Flaharty Asset Management LLC now owns 175,135 shares of the company’s stock worth $21,887,000 after buying an additional 2,742 shares during the last quarter. Vantage Financial Partners LLC purchased a new position in SPDR S&P Dividend ETF during the fourth quarter worth about $453,000. Conservest Capital Advisors Inc. raised its stake in shares of SPDR S&P Dividend ETF by 11.4% in the 4th quarter. Conservest Capital Advisors Inc. now owns 10,432 shares of the company’s stock valued at $1,304,000 after acquiring an additional 1,065 shares during the period. Principle Wealth Partners LLC boosted its position in shares of SPDR S&P Dividend ETF by 9.9% during the 4th quarter. Principle Wealth Partners LLC now owns 16,083 shares of the company’s stock worth $2,010,000 after purchasing an additional 1,455 shares during the period. Finally, Pursue Wealth Partners LLC increased its holdings in SPDR S&P Dividend ETF by 8.7% in the 4th quarter. Pursue Wealth Partners LLC now owns 7,726 shares of the company’s stock valued at $966,000 after purchasing an additional 619 shares during the last quarter.

SPDR S&P Dividend ETF Stock Up 0.7 %

NYSEARCA:SDY opened at $128.36 on Tuesday. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $131.67. The stock’s fifty day moving average is $127.64 and its two-hundred day moving average is $122.94. The stock has a market capitalization of $20.42 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73.

About SPDR S&P Dividend ETF

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.