SPDR S&P Dividend ETF $SDY Shares Bought by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC raised its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 71.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 9,820 shares of the company’s stock after acquiring an additional 4,109 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in SPDR S&P Dividend ETF were worth $1,365,000 at the end of the most recent reporting period.

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

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $152.38 on Friday. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $156.39. The stock has a fifty day moving average price of $148.83 and a two-hundred day moving average price of $142.76. The stock has a market capitalization of $21.61 billion, a price-to-earnings ratio of 19.85 and a beta of 0.79.

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.