Hoge Financial Services LLC cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 4.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,656 shares of the company’s stock after selling 118 shares during the quarter. Hoge Financial Services LLC’s holdings in SPDR S&P Dividend ETF were worth $360,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of SDY. Raymond James Financial Inc. acquired a new position in SPDR S&P Dividend ETF during the 4th quarter worth about $397,657,000. Assetmark Inc. lifted its holdings in SPDR S&P Dividend ETF by 267,004.3% during the 4th quarter. Assetmark Inc. now owns 678,445 shares of the company’s stock worth $89,623,000 after buying an additional 678,191 shares during the period. JPMorgan Chase & Co. lifted its holdings in SPDR S&P Dividend ETF by 63.0% during the 4th quarter. JPMorgan Chase & Co. now owns 1,688,669 shares of the company’s stock worth $223,073,000 after buying an additional 652,619 shares during the period. Wells Fargo & Company MN lifted its holdings in SPDR S&P Dividend ETF by 19.0% during the 4th quarter. Wells Fargo & Company MN now owns 2,103,521 shares of the company’s stock worth $277,875,000 after buying an additional 335,483 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in SPDR S&P Dividend ETF by 13,468.0% during the 1st quarter. GAMMA Investing LLC now owns 315,592 shares of the company’s stock worth $42,820,000 after buying an additional 313,266 shares during the period.
SPDR S&P Dividend ETF Trading Down 0.8%
Shares of SDY opened at $134.10 on Wednesday. The company has a market capitalization of $19.75 billion, a PE ratio of 20.59 and a beta of 0.80. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $144.45. The stock’s 50-day moving average price is $132.63 and its two-hundred day moving average price is $133.78.
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.
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