Kentucky Trust Co purchased a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) in the fourth quarter, HoldingsChannel reports. The fund purchased 8,275 shares of the company’s stock, valued at approximately $1,093,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. CX Institutional boosted its holdings in SPDR S&P Dividend ETF by 4.0% in the third quarter. CX Institutional now owns 66,854 shares of the company’s stock worth $9,496,000 after purchasing an additional 2,580 shares during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in SPDR S&P Dividend ETF by 23.7% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 76,679 shares of the company’s stock worth $10,891,000 after purchasing an additional 14,691 shares during the period. Capstone Wealth Management Group LLC boosted its holdings in SPDR S&P Dividend ETF by 0.4% in the third quarter. Capstone Wealth Management Group LLC now owns 36,713 shares of the company’s stock worth $5,215,000 after purchasing an additional 145 shares during the period. Legacy Financial Group LLC boosted its holdings in SPDR S&P Dividend ETF by 0.8% in the third quarter. Legacy Financial Group LLC now owns 374,280 shares of the company’s stock worth $53,163,000 after purchasing an additional 2,901 shares during the period. Finally, SeaCrest Wealth Management LLC boosted its holdings in SPDR S&P Dividend ETF by 43.8% in the third quarter. SeaCrest Wealth Management LLC now owns 5,057 shares of the company’s stock worth $718,000 after purchasing an additional 1,541 shares during the period.
SPDR S&P Dividend ETF Price Performance
SPDR S&P Dividend ETF stock opened at $134.44 on Wednesday. The company has a market cap of $21.27 billion, a PE ratio of 19.72 and a beta of 0.68. The company has a fifty day moving average price of $134.32 and a two-hundred day moving average price of $137.54. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45.
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.
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