SPDR S&P Dividend ETF $SDY Shares Bought by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 254.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,768 shares of the company’s stock after purchasing an additional 11,324 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in SPDR S&P Dividend ETF were worth $2,208,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. CVA Family Office LLC raised its position in SPDR S&P Dividend ETF by 60.0% during the third quarter. CVA Family Office LLC now owns 200 shares of the company’s stock valued at $28,000 after acquiring an additional 75 shares in the last quarter. Flagship Wealth Advisors LLC raised its position in SPDR S&P Dividend ETF by 625.0% during the third quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after acquiring an additional 175 shares during the period. Compass Financial Services Inc purchased a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at about $29,000. Global Wealth Strategies & Associates lifted its position in shares of SPDR S&P Dividend ETF by 985.0% in the third quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock valued at $30,000 after acquiring an additional 197 shares in the last quarter. Finally, Total Investment Management Inc. acquired a new position in SPDR S&P Dividend ETF in the 2nd quarter valued at $43,000. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Price Performance

SDY stock opened at $155.36 on Wednesday. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $156.12. The firm has a market capitalization of $22.03 billion, a PE ratio of 19.85 and a beta of 0.79. The business has a 50 day simple moving average of $146.84 and a 200-day simple moving average of $142.07.

SPDR S&P Dividend ETF 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.