Key Financial Inc raised its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 4.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,309 shares of the company’s stock after buying an additional 180 shares during the quarter. Key Financial Inc’s holdings in SPDR S&P Dividend ETF were worth $612,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the stock. Diversify Advisory Services LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the first quarter valued at $474,000. Choreo LLC boosted its stake in shares of SPDR S&P Dividend ETF by 2.3% in the first quarter. Choreo LLC now owns 19,111 shares of the company’s stock valued at $2,508,000 after purchasing an additional 434 shares during the period. FinTrust Capital Advisors LLC grew its holdings in shares of SPDR S&P Dividend ETF by 105.5% in the first quarter. FinTrust Capital Advisors LLC now owns 781 shares of the company’s stock valued at $102,000 after purchasing an additional 401 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in SPDR S&P Dividend ETF by 3.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 46,014 shares of the company’s stock worth $6,039,000 after buying an additional 1,660 shares during the period. Finally, Etfidea LLC grew its stake in shares of SPDR S&P Dividend ETF by 7.8% in the first quarter. Etfidea LLC now owns 32,033 shares of the company’s stock worth $4,204,000 after acquiring an additional 2,315 shares in the last quarter.
SPDR S&P Dividend ETF Stock Performance
SDY remained flat at $138.18 on Friday. The company had a trading volume of 187,350 shares, compared to its average volume of 283,804. SPDR S&P Dividend ETF has a 1 year low of $112.91 and a 1 year high of $144.06. The stock has a market capitalization of $21.86 billion, a P/E ratio of 19.72 and a beta of 0.68. The business has a fifty day moving average price of $140.39 and a 200-day moving average price of $133.79.
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.
Further Reading
- Five stocks we like better than SPDR S&P Dividend ETF
- Trading Halts Explained
- Battle of the Retailers: Who Comes Out on Top?
- Canadian Penny Stocks: Can They Make You Rich?
- HCA Healthcare: Temporary Setbacks, Long-Term Strength
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- MarketBeat Week in Review – 10/28 – 11/1
Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report).
Receive News & Ratings for SPDR S&P Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.