Houlihan Financial Resource Group Ltd. Has $2.51 Million Holdings in SPDR S&P Dividend ETF $SDY

Houlihan Financial Resource Group Ltd. lessened its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 55.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,892 shares of the company’s stock after selling 22,225 shares during the quarter. SPDR S&P Dividend ETF comprises about 2.2% of Houlihan Financial Resource Group Ltd.’s investment portfolio, making the stock its 12th biggest position. Houlihan Financial Resource Group Ltd.’s holdings in SPDR S&P Dividend ETF were worth $2,506,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Insight Inv LLC bought a new position in SPDR S&P Dividend ETF during the second quarter valued at about $27,000. Global Wealth Strategies & Associates grew its holdings in shares of SPDR S&P Dividend ETF by 985.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock worth $30,000 after purchasing an additional 197 shares in the last quarter. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of SPDR S&P Dividend ETF during the second quarter valued at approximately $40,000. Private Wealth Asset Management LLC increased its position in shares of SPDR S&P Dividend ETF by 1,245.5% during the second quarter. Private Wealth Asset Management LLC now owns 296 shares of the company’s stock valued at $40,000 after purchasing an additional 274 shares during the period. Finally, Total Investment Management Inc. acquired a new position in shares of SPDR S&P Dividend ETF in the second quarter valued at $43,000. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of SDY stock opened at $146.66 on Friday. SPDR S&P Dividend ETF has a one year low of $119.83 and a one year high of $146.92. The stock has a fifty day moving average price of $140.17 and a 200 day moving average price of $139.58. The stock has a market cap of $20.87 billion, a P/E ratio of 19.85 and a beta of 0.79.

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.