GAMMA Investing LLC Makes New Investment in SPDR S&P Dividend ETF (NYSEARCA:SDY)

GAMMA Investing LLC acquired a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,468 shares of the company’s stock, valued at approximately $181,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in SPDR S&P Dividend ETF by 10,945.4% during the 4th quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock valued at $141,774,000 after purchasing an additional 1,124,197 shares during the last quarter. Pathstone Family Office LLC increased its position in SPDR S&P Dividend ETF by 4,360.9% during the 3rd quarter. Pathstone Family Office LLC now owns 801,808 shares of the company’s stock worth $92,216,000 after buying an additional 783,834 shares during the period. J.P. Morgan Private Wealth Advisors LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 18.6% during the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,478,260 shares of the company’s stock worth $170,015,000 after buying an additional 231,382 shares in the last quarter. Comerica Bank bought a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at about $17,485,000. Finally, Creative Planning boosted its position in shares of SPDR S&P Dividend ETF by 14.5% in the third quarter. Creative Planning now owns 525,915 shares of the company’s stock valued at $60,485,000 after acquiring an additional 66,745 shares during the period.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $127.49 on Friday. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $131.67. The firm’s 50-day simple moving average is $127.56 and its 200 day simple moving average is $122.72. The firm has a market cap of $20.28 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73.

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.