Hardin Capital Partners LLC Grows Stake in SPDR S&P Dividend ETF $SDY

Hardin Capital Partners LLC increased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 19.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,541 shares of the company’s stock after acquiring an additional 410 shares during the period. Hardin Capital Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $351,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Summit X LLC grew its position in SPDR S&P Dividend ETF by 4.2% in the first quarter. Summit X LLC now owns 1,932 shares of the company’s stock worth $262,000 after acquiring an additional 77 shares in the last quarter. OneDigital Investment Advisors LLC grew its position in SPDR S&P Dividend ETF by 0.5% in the first quarter. OneDigital Investment Advisors LLC now owns 14,308 shares of the company’s stock worth $1,941,000 after acquiring an additional 78 shares in the last quarter. Jacobi Capital Management LLC grew its position in SPDR S&P Dividend ETF by 2.1% in the first quarter. Jacobi Capital Management LLC now owns 4,195 shares of the company’s stock worth $569,000 after acquiring an additional 85 shares in the last quarter. Long Run Wealth Advisors LLC grew its position in SPDR S&P Dividend ETF by 0.6% in the first quarter. Long Run Wealth Advisors LLC now owns 14,452 shares of the company’s stock worth $1,961,000 after acquiring an additional 88 shares in the last quarter. Finally, Institute for Wealth Management LLC. grew its position in SPDR S&P Dividend ETF by 4.0% in the first quarter. Institute for Wealth Management LLC. now owns 2,318 shares of the company’s stock worth $315,000 after acquiring an additional 89 shares in the last quarter. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $139.38 on Wednesday. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $144.45. The business has a 50 day simple moving average of $139.73 and a two-hundred day simple moving average of $135.63. The firm has a market capitalization of $20.40 billion, a PE ratio of 19.85 and a beta of 0.86.

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.