Compass Wealth Management LLC Makes New Investment in SPDR S&P Dividend ETF $SDY

Compass Wealth Management LLC purchased a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,624 shares of the company’s stock, valued at approximately $1,628,000.

A number of other hedge funds also recently made changes to their positions in the stock. CVA Family Office LLC lifted its stake in shares of SPDR S&P Dividend ETF by 60.0% in the third quarter. CVA Family Office LLC now owns 200 shares of the company’s stock worth $28,000 after acquiring an additional 75 shares during the period. Flagship Wealth Advisors LLC raised its holdings in SPDR S&P Dividend ETF by 625.0% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after purchasing an additional 175 shares during the last quarter. Compass Financial Services Inc acquired a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter worth approximately $29,000. Global Wealth Strategies & Associates boosted its stake in shares of SPDR S&P Dividend ETF by 985.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock valued at $30,000 after purchasing an additional 197 shares during the last quarter. Finally, Total Investment Management Inc. acquired a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth $43,000. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Stock Up 0.0%

Shares of NYSEARCA SDY opened at $154.49 on Friday. The company has a market capitalization of $21.91 billion, a PE ratio of 19.85 and a beta of 0.79. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $156.12. The firm has a fifty day simple moving average of $146.03 and a 200 day simple moving average of $141.67.

SPDR S&P Dividend ETF Company 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.