Turtle Creek Wealth Advisors LLC lowered its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 56.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,508 shares of the company’s stock after selling 3,309 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $366,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in SDY. Y Intercept Hong Kong Ltd grew its position in SPDR S&P Dividend ETF by 347.2% during the first quarter. Y Intercept Hong Kong Ltd now owns 10,277 shares of the company’s stock valued at $1,500,000 after buying an additional 7,979 shares during the period. Elevation Point Wealth Partners LLC boosted its stake in shares of SPDR S&P Dividend ETF by 35.0% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 42,688 shares of the company’s stock worth $6,230,000 after acquiring an additional 11,075 shares during the last quarter. Axis Wealth Partners LLC boosted its stake in shares of SPDR S&P Dividend ETF by 3.0% during the 1st quarter. Axis Wealth Partners LLC now owns 9,747 shares of the company’s stock worth $1,422,000 after acquiring an additional 283 shares during the last quarter. Seamount Financial Group Inc. boosted its stake in shares of SPDR S&P Dividend ETF by 1.2% during the 1st quarter. Seamount Financial Group Inc. now owns 7,800 shares of the company’s stock worth $1,138,000 after acquiring an additional 91 shares during the last quarter. Finally, Fulton Bank N.A. grew its position in shares of SPDR S&P Dividend ETF by 12.5% during the 1st quarter. Fulton Bank N.A. now owns 4,039 shares of the company’s stock valued at $589,000 after acquiring an additional 450 shares during the period. Institutional investors own 43.42% of the company’s stock.
SPDR S&P Dividend ETF Price Performance
NYSEARCA:SDY opened at $155.67 on Friday. The firm has a market capitalization of $21.88 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a one year low of $135.30 and a one year high of $156.39. The business has a fifty day moving average price of $149.89 and a 200-day moving average price of $148.30.
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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.
Read More
- Five stocks we like better than SPDR S&P Dividend ETF
- These Stocks Could Win as Wall Street Looks Beyond AI Software
- D.R. Horton Is Defying the Housing Gloom
- Why Flywire and Airbnb Could Be Quiet Winners of a Ceasefire
- Broadcom and OpenAI Unveil Jalapeño: An Early Step to Massive AI Growth Potential
Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report).
Receive News & Ratings for SPDR S&P Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
