Performa Ltd US LLC purchased a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 9,455 shares of the company’s stock, valued at approximately $1,439,000. SPDR S&P Dividend ETF accounts for about 0.2% of Performa Ltd US LLC’s portfolio, making the stock its 19th biggest holding.
Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in SPDR S&P Dividend ETF by 404.5% during the fourth quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock worth $2,443,000 after buying an additional 14,829 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 49.5% during the 1st quarter. AQR Capital Management LLC now owns 7,936 shares of the company’s stock worth $1,077,000 after acquiring an additional 2,627 shares during the period. First Trust Advisors LP lifted its holdings in shares of SPDR S&P Dividend ETF by 30.4% during the 2nd quarter. First Trust Advisors LP now owns 32,141 shares of the company’s stock worth $4,362,000 after acquiring an additional 7,493 shares during the period. NewEdge Advisors LLC boosted its position in shares of SPDR S&P Dividend ETF by 3.5% during the 2nd quarter. NewEdge Advisors LLC now owns 65,223 shares of the company’s stock worth $8,853,000 after acquiring an additional 2,192 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of SPDR S&P Dividend ETF by 4.0% during the 2nd quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock worth $425,298,000 after acquiring an additional 119,562 shares in the last quarter. Institutional investors own 43.42% of the company’s stock.
SPDR S&P Dividend ETF Stock Performance
Shares of SDY opened at $154.63 on Wednesday. SPDR S&P Dividend ETF has a 52-week low of $135.30 and a 52-week high of $160.29. The firm has a market cap of $23.41 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. The business’s fifty day moving average is $156.18 and its 200-day moving average is $151.74.
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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.
Featured Articles
- Five stocks we like better than SPDR S&P Dividend ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
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.
