Lanham O Dell & Company Inc. Acquires 18,279 Shares of SPDR S&P Dividend ETF $SDY

Lanham O Dell & Company Inc. boosted its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 217,246 shares of the company’s stock after acquiring an additional 18,279 shares during the period. SPDR S&P Dividend ETF accounts for 8.7% of Lanham O Dell & Company Inc.’s holdings, making the stock its 6th biggest position. Lanham O Dell & Company Inc. owned about 0.15% of SPDR S&P Dividend ETF worth $30,232,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Raymond James Financial Inc. boosted its position in SPDR S&P Dividend ETF by 4.0% during the second quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock worth $425,298,000 after purchasing an additional 119,562 shares during the period. Joel Isaacson & Co. LLC raised its position in shares of SPDR S&P Dividend ETF by 0.8% in the third quarter. Joel Isaacson & Co. LLC now owns 2,667,060 shares of the company’s stock valued at $373,522,000 after purchasing an additional 22,123 shares during the period. UBS Group AG lifted its stake in shares of SPDR S&P Dividend ETF by 10.5% during the 3rd quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock worth $242,663,000 after buying an additional 165,053 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of SPDR S&P Dividend ETF by 125.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,451,468 shares of the company’s stock worth $197,008,000 after buying an additional 7,179,596 shares during the last quarter. Finally, MAI Capital Management boosted its holdings in shares of SPDR S&P Dividend ETF by 0.7% during the 3rd quarter. MAI Capital Management now owns 772,382 shares of the company’s stock worth $108,172,000 after buying an additional 5,300 shares during the period. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $144.92 on Wednesday. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $156.39. The firm has a market cap of $20.55 billion, a P/E ratio of 19.85 and a beta of 0.79. The firm’s 50-day simple moving average is $150.54 and its 200 day simple moving average is $143.40.

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.