SPDR S&P Dividend ETF (NYSEARCA:SDY) Stock Position Increased by Denver Wealth Management Inc.

Denver Wealth Management Inc. increased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report) by 3.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 79,579 shares of the company’s stock after buying an additional 2,344 shares during the period. SPDR S&P Dividend ETF accounts for about 5.6% of Denver Wealth Management Inc.’s holdings, making the stock its 3rd largest holding. Denver Wealth Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $9,945,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Barclays PLC purchased a new stake in shares of SPDR S&P Dividend ETF in the 1st quarter worth approximately $25,000. Russell Investments Group Ltd. purchased a new stake in SPDR S&P Dividend ETF during the 2nd quarter valued at $27,000. Live Oak Investment Partners purchased a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at $34,000. West Tower Group LLC purchased a new stake in SPDR S&P Dividend ETF during the 2nd quarter valued at $38,000. Finally, Cornerstone Planning Group LLC purchased a new stake in SPDR S&P Dividend ETF during the 2nd quarter valued at $39,000.

SPDR S&P Dividend ETF Trading Down 0.6 %

SDY traded down $0.72 during trading on Tuesday, hitting $129.92. 263,828 shares of the company’s stock traded hands, compared to its average volume of 417,189. The company’s 50 day simple moving average is $126.05 and its two-hundred day simple moving average is $121.26. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $131.67. The stock has a market capitalization of $23.13 billion, a price-to-earnings ratio of 14.72 and a beta of 0.86.

SPDR S&P Dividend ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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