Signal Advisors Wealth LLC Makes New Investment in SPDR S&P Dividend ETF $SDY

Signal Advisors Wealth LLC bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,851 shares of the company’s stock, valued at approximately $539,000.

Other hedge funds have also recently modified their holdings of the company. AdvisorNet Financial Inc lifted its stake in SPDR S&P Dividend ETF by 18.0% in the 3rd quarter. AdvisorNet Financial Inc now owns 2,291 shares of the company’s stock valued at $321,000 after buying an additional 349 shares in the last quarter. Louisbourg Investments Inc. acquired a new position in shares of SPDR S&P Dividend ETF during the third quarter valued at approximately $96,000. Harbour Capital Advisors LLC lifted its position in shares of SPDR S&P Dividend ETF by 2.2% in the third quarter. Harbour Capital Advisors LLC now owns 17,705 shares of the company’s stock valued at $2,482,000 after acquiring an additional 377 shares in the last quarter. Genesis Private Wealth LLC boosted its stake in shares of SPDR S&P Dividend ETF by 4.4% in the third quarter. Genesis Private Wealth LLC now owns 4,003 shares of the company’s stock worth $561,000 after acquiring an additional 168 shares during the last quarter. Finally, Martin Capital Partners LLC boosted its stake in shares of SPDR S&P Dividend ETF by 2.4% in the third quarter. Martin Capital Partners LLC now owns 4,452 shares of the company’s stock worth $624,000 after acquiring an additional 106 shares during the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA SDY opened at $140.33 on Monday. SPDR S&P Dividend ETF has a one year low of $119.83 and a one year high of $143.49. The business has a fifty day moving average price of $138.94 and a 200 day moving average price of $138.75. The company has a market cap of $20.18 billion, a P/E ratio of 19.85 and a beta of 0.79.

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