4,129 Shares in SPDR S&P Dividend ETF $SDY Purchased by Sacks & Associates LLC

Sacks & Associates LLC purchased a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,129 shares of the company’s stock, valued at approximately $605,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Koenig Investment Advisory LLC acquired a new position in SPDR S&P Dividend ETF in the fourth quarter valued at about $6,836,000. Integrated Wealth Concepts LLC raised its position in shares of SPDR S&P Dividend ETF by 57.7% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 35,846 shares of the company’s stock valued at $5,455,000 after buying an additional 13,121 shares in the last quarter. PFG Investments LLC raised its position in shares of SPDR S&P Dividend ETF by 15.1% in the 1st quarter. PFG Investments LLC now owns 24,762 shares of the company’s stock valued at $3,614,000 after buying an additional 3,243 shares in the last quarter. MLP3 LLC bought a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth approximately $1,551,000. Finally, Balefire LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 146.3% during the 1st quarter. Balefire LLC now owns 71,408 shares of the company’s stock worth $10,421,000 after acquiring an additional 42,410 shares during the period. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Trading Down 0.2%

NYSEARCA SDY opened at $149.04 on Friday. The firm’s 50 day simple moving average is $153.84 and its 200 day simple moving average is $151.44. The firm has a market capitalization of $20.72 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 1 year low of $135.30 and a 1 year high of $160.29.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.