Cwm LLC lifted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 31.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,350 shares of the company’s stock after purchasing an additional 24,394 shares during the period. Cwm LLC owned about 0.07% of SPDR S&P Dividend ETF worth $14,334,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Park Avenue Securities LLC increased its position in shares of SPDR S&P Dividend ETF by 15.7% during the second quarter. Park Avenue Securities LLC now owns 11,458 shares of the company’s stock worth $1,555,000 after purchasing an additional 1,551 shares in the last quarter. Novem Group boosted its stake in SPDR S&P Dividend ETF by 0.3% during the 2nd quarter. Novem Group now owns 29,191 shares of the company’s stock worth $3,962,000 after purchasing an additional 100 shares during the last quarter. Almanack Investment Partners LLC. purchased a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth $494,000. Beacon Investment Advisory Services Inc. raised its position in shares of SPDR S&P Dividend ETF by 16.2% in the second quarter. Beacon Investment Advisory Services Inc. now owns 2,863 shares of the company’s stock valued at $389,000 after buying an additional 400 shares during the last quarter. Finally, Johnson Investment Counsel Inc. raised its position in shares of SPDR S&P Dividend ETF by 2.3% in the second quarter. Johnson Investment Counsel Inc. now owns 29,255 shares of the company’s stock valued at $3,971,000 after buying an additional 665 shares during the last quarter. 43.42% of the stock is owned by hedge funds and other institutional investors.
SPDR S&P Dividend ETF Trading Down 0.0%
SDY opened at $140.35 on Monday. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $143.49. The firm has a market capitalization of $20.18 billion, a PE ratio of 19.85 and a beta of 0.79. The firm’s 50-day moving average price is $139.06 and its 200 day moving average price is $138.91.
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.
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