Cove Private Wealth LLC Acquires Shares of 7,138 SPDR S&P Dividend ETF (NYSEARCA:SDY)

Cove Private Wealth LLC bought a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 7,138 shares of the company’s stock, valued at approximately $943,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Capital Performance Advisors LLP acquired a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at about $31,000. JNBA Financial Advisors acquired a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at about $32,000. Assetmark Inc. grew its stake in shares of SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after buying an additional 167 shares during the period. Strategic Investment Solutions Inc. IL grew its stake in shares of SPDR S&P Dividend ETF by 113.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after buying an additional 140 shares during the period. Finally, Darwin Wealth Management LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth approximately $41,000.

SPDR S&P Dividend ETF Stock Performance

SDY opened at $133.77 on Monday. The stock has a market capitalization of $21.16 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a one year low of $121.52 and a one year high of $144.45. The business’s 50 day moving average price is $136.76 and its 200 day moving average price is $137.00.

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.