SPDR S&P Dividend ETF $SDY Position Increased by Balefire LLC

Balefire LLC increased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 146.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 71,408 shares of the company’s stock after acquiring an additional 42,410 shares during the quarter. SPDR S&P Dividend ETF makes up 1.9% of Balefire LLC’s portfolio, making the stock its 6th biggest position. Balefire LLC’s holdings in SPDR S&P Dividend ETF were worth $10,421,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SDY. Godsey & Gibb Inc. increased its holdings in SPDR S&P Dividend ETF by 4.0% during the 1st quarter. Godsey & Gibb Inc. now owns 1,838 shares of the company’s stock worth $268,000 after purchasing an additional 70 shares during the last quarter. Ritholtz Wealth Management boosted its stake in shares of SPDR S&P Dividend ETF by 1.3% during the 1st quarter. Ritholtz Wealth Management now owns 5,534 shares of the company’s stock valued at $808,000 after buying an additional 71 shares during the last quarter. Golden State Wealth Management LLC boosted its stake in shares of SPDR S&P Dividend ETF by 0.8% during the 4th quarter. Golden State Wealth Management LLC now owns 8,619 shares of the company’s stock valued at $1,199,000 after buying an additional 71 shares during the last quarter. Trust Co. of Vermont grew its position in shares of SPDR S&P Dividend ETF by 0.7% during the fourth quarter. Trust Co. of Vermont now owns 10,830 shares of the company’s stock worth $1,507,000 after buying an additional 80 shares in the last quarter. Finally, Pittenger & Anderson Inc. grew its position in shares of SPDR S&P Dividend ETF by 3.9% during the first quarter. Pittenger & Anderson Inc. now owns 2,136 shares of the company’s stock worth $312,000 after buying an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $154.81 on Monday. SPDR S&P Dividend ETF has a 12-month low of $135.30 and a 12-month high of $157.66. The firm has a market cap of $21.74 billion, a PE ratio of 19.85 and a beta of 0.69. The company has a fifty day simple moving average of $151.02 and a 200 day simple moving average of $149.32.

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.