NTV Asset Management LLC Purchases 227 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

NTV Asset Management LLC increased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,327 shares of the company’s stock after purchasing an additional 227 shares during the period. NTV Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $416,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of SDY. Friedenthal Financial acquired a new position in SPDR S&P Dividend ETF during the fourth quarter worth $29,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth about $36,000. Cardiff Park Advisors LLC lifted its position in SPDR S&P Dividend ETF by 43.9% in the 3rd quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock valued at $38,000 after acquiring an additional 100 shares in the last quarter. Assetmark Inc. increased its holdings in SPDR S&P Dividend ETF by 428.6% during the 3rd quarter. Assetmark Inc. now owns 370 shares of the company’s stock worth $43,000 after purchasing an additional 300 shares in the last quarter. Finally, Bare Financial Services Inc purchased a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter worth approximately $43,000.

SPDR S&P Dividend ETF Trading Up 0.4 %

Shares of NYSEARCA:SDY traded up $0.51 during mid-day trading on Friday, hitting $128.60. 191,750 shares of the company traded hands, compared to its average volume of 370,541. The stock has a market cap of $20.34 billion, a P/E ratio of 19.72 and a beta of 0.68. The stock has a 50-day moving average price of $127.86 and a two-hundred day moving average price of $123.31. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $131.67.

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.