SPDR S&P Dividend ETF $SDY Shares Purchased by US Bancorp DE

US Bancorp DE boosted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 21.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,604 shares of the company’s stock after buying an additional 16,523 shares during the quarter. US Bancorp DE owned approximately 0.06% of SPDR S&P Dividend ETF worth $12,841,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Rebalance LLC increased its position in shares of SPDR S&P Dividend ETF by 0.7% during the second quarter. Rebalance LLC now owns 11,098 shares of the company’s stock worth $1,506,000 after purchasing an additional 76 shares in the last quarter. Summit X LLC grew its holdings in shares of SPDR S&P Dividend ETF by 4.2% during the first quarter. Summit X LLC now owns 1,932 shares of the company’s stock worth $262,000 after buying an additional 77 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in shares of 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 valued at $1,941,000 after buying an additional 78 shares during the last quarter. Wealth Advisory Solutions LLC lifted its stake in shares of SPDR S&P Dividend ETF by 3.1% in the second quarter. Wealth Advisory Solutions LLC now owns 2,584 shares of the company’s stock worth $351,000 after buying an additional 78 shares in the last quarter. Finally, Focus Financial Network Inc. boosted its position in SPDR S&P Dividend ETF by 0.5% during the second quarter. Focus Financial Network Inc. now owns 15,561 shares of the company’s stock worth $2,112,000 after acquiring an additional 81 shares during the last quarter. 43.42% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Trading Down 1.1%

SDY stock opened at $137.47 on Friday. The firm has a 50-day moving average of $139.99 and a two-hundred day moving average of $136.11. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $144.45. The company has a market cap of $19.86 billion, a price-to-earnings ratio of 19.85 and a beta of 0.86.

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.