Liberty One Investment Management LLC Has $2.47 Million Stock Holdings in SPDR S&P Dividend ETF $SDY

Liberty One Investment Management LLC lifted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,179 shares of the company’s stock after acquiring an additional 130 shares during the period. Liberty One Investment Management LLC’s holdings in SPDR S&P Dividend ETF were worth $2,467,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Insight Inv LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at approximately $27,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at approximately $40,000. Private Wealth Asset Management LLC raised its position in shares of SPDR S&P Dividend ETF by 1,245.5% in the 2nd quarter. Private Wealth Asset Management LLC now owns 296 shares of the company’s stock valued at $40,000 after acquiring an additional 274 shares during the period. Crews Bank & Trust raised its position in shares of SPDR S&P Dividend ETF by 98.2% in the 1st quarter. Crews Bank & Trust now owns 327 shares of the company’s stock valued at $44,000 after acquiring an additional 162 shares during the period. Finally, Briaud Financial Planning Inc acquired a new stake in SPDR S&P Dividend ETF during the 1st quarter worth approximately $45,000. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $140.12 on Tuesday. The company has a market capitalization of $20.18 billion, a P/E ratio of 19.85 and a beta of 0.86. The company’s 50 day moving average price is $140.09 and its two-hundred day moving average price is $136.36. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $144.45.

About SPDR S&P Dividend ETF

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.