Climber Capital SA Buys Shares of 46,537 SPDR S&P Dividend ETF $SDY

Climber Capital SA purchased a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 46,537 shares of the company’s stock, valued at approximately $6,301,000. SPDR S&P Dividend ETF accounts for 3.8% of Climber Capital SA’s investment portfolio, making the stock its 6th biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. MGO One Seven LLC raised its stake in shares of SPDR S&P Dividend ETF by 36.1% in the 4th quarter. MGO One Seven LLC now owns 30,718 shares of the company’s stock valued at $4,275,000 after purchasing an additional 8,155 shares during the period. Retirement Planning Group LLC raised its stake in shares of SPDR S&P Dividend ETF by 11.7% in the 4th quarter. Retirement Planning Group LLC now owns 7,300 shares of the company’s stock valued at $1,016,000 after purchasing an additional 764 shares during the period. Sequoia Financial Advisors LLC raised its stake in shares of SPDR S&P Dividend ETF by 7.4% in the 4th quarter. Sequoia Financial Advisors LLC now owns 22,204 shares of the company’s stock valued at $3,090,000 after purchasing an additional 1,530 shares during the period. Indivisible Partners acquired a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter valued at about $863,000. Finally, BOKF NA raised its stake in shares of SPDR S&P Dividend ETF by 0.6% in the 4th quarter. BOKF NA now owns 102,079 shares of the company’s stock valued at $14,205,000 after purchasing an additional 622 shares during the period. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

SDY opened at $148.41 on Friday. The business’s 50-day moving average price is $148.52 and its two-hundred day moving average price is $145.05. SPDR S&P Dividend ETF has a 1 year low of $131.88 and a 1 year high of $156.39. The company has a market capitalization of $21.72 billion, a price-to-earnings ratio of 19.85 and a beta of 0.71.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.