Leo Wealth LLC Buys 171 Shares of SPDR S&P Dividend ETF $SDY

Leo Wealth LLC increased its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,173 shares of the company’s stock after buying an additional 171 shares during the period. Leo Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $295,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Insight Inv LLC bought a new stake in shares of SPDR S&P Dividend ETF during the 2nd quarter worth about $27,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of SPDR S&P Dividend ETF during the 2nd quarter worth about $40,000. Crews Bank & Trust boosted its holdings in shares of SPDR S&P Dividend ETF by 98.2% during the 1st quarter. Crews Bank & Trust now owns 327 shares of the company’s stock worth $44,000 after buying an additional 162 shares during the period. Briaud Financial Planning Inc bought a new stake in shares of SPDR S&P Dividend ETF during the 1st quarter worth about $45,000. Finally, Wealth Preservation Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF during the 1st quarter worth about $50,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $137.47 on Friday. The company has a market capitalization of $19.86 billion, a price-to-earnings ratio of 19.85 and a beta of 0.86. The company has a 50-day simple moving average of $139.99 and a 200 day simple moving average of $136.10. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $144.45.

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.