PFG Investments LLC Purchases 3,243 Shares of SPDR S&P Dividend ETF $SDY

PFG Investments LLC grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 15.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 24,762 shares of the company’s stock after purchasing an additional 3,243 shares during the quarter. PFG Investments LLC’s holdings in SPDR S&P Dividend ETF were worth $3,614,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Park National Corp OH bought a new stake in SPDR S&P Dividend ETF during the 1st quarter valued at approximately $28,000. Delos Wealth Advisors LLC acquired a new stake in SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $29,000. Ankerstar Wealth LLC bought a new position in SPDR S&P Dividend ETF in the 4th quarter worth approximately $33,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in SPDR S&P Dividend ETF in the 4th quarter worth approximately $34,000. Finally, MBM Wealth Consultants LLC acquired a new position in shares of SPDR S&P Dividend ETF during the first quarter worth approximately $34,000. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Stock Performance

SDY opened at $155.67 on Friday. SPDR S&P Dividend ETF has a 1-year low of $135.30 and a 1-year high of $156.39. The stock has a market capitalization of $21.89 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. The business has a 50 day moving average of $149.89 and a 200-day moving average of $148.30.

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.