Houlihan Financial Resource Group Ltd. Raises Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Houlihan Financial Resource Group Ltd. grew its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,947 shares of the company’s stock after acquiring an additional 97 shares during the quarter. SPDR S&P Dividend ETF accounts for 2.5% of Houlihan Financial Resource Group Ltd.’s portfolio, making the stock its 12th biggest holding. Houlihan Financial Resource Group Ltd.’s holdings in SPDR S&P Dividend ETF were worth $5,958,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in SDY. Capital Performance Advisors LLP bought a new stake in shares of SPDR S&P Dividend ETF in the third quarter worth $31,000. JNBA Financial Advisors bought a new stake in SPDR S&P Dividend ETF during the third quarter valued at approximately $32,000. Russell Investments Group Ltd. increased its holdings in SPDR S&P Dividend ETF by 101.6% during the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after buying an additional 127 shares during the last quarter. Opal Wealth Advisors LLC purchased a new position in shares of SPDR S&P Dividend ETF during the 2nd quarter worth $34,000. Finally, Assetmark Inc. grew its position in shares of SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares during the period.

SPDR S&P Dividend ETF Price Performance

NYSEARCA:SDY opened at $141.55 on Friday. The firm has a market capitalization of $22.39 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The business has a fifty day moving average price of $140.52 and a 200-day moving average price of $134.28. SPDR S&P Dividend ETF has a one year low of $113.20 and a one year high of $144.06.

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.