SPDR S&P Dividend ETF $SDY Holdings Lifted by Stablepoint Partners LLC

Stablepoint Partners LLC grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 103.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,006 shares of the company’s stock after purchasing an additional 16,757 shares during the period. Stablepoint Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $4,593,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. CVA Family Office LLC raised its holdings in shares of SPDR S&P Dividend ETF by 60.0% during the third quarter. CVA Family Office LLC now owns 200 shares of the company’s stock worth $28,000 after acquiring an additional 75 shares in the last quarter. Flagship Wealth Advisors LLC boosted its position in SPDR S&P Dividend ETF by 625.0% during the third quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 175 shares during the last quarter. Compass Financial Services Inc purchased a new position in SPDR S&P Dividend ETF in the third quarter valued at about $29,000. Delos Wealth Advisors LLC acquired a new position in SPDR S&P Dividend ETF in the 3rd quarter worth about $29,000. Finally, Global Wealth Strategies & Associates increased its position in SPDR S&P Dividend ETF by 985.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock worth $30,000 after purchasing an additional 197 shares during the last quarter. 43.42% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $145.28 on Friday. The firm has a market cap of $20.60 billion, a PE ratio of 19.85 and a beta of 0.79. The firm’s 50 day moving average price is $150.49 and its 200 day moving average price is $143.42. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $156.39.

About SPDR S&P Dividend ETF

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.