PFG Investments LLC Buys 3,243 Shares of SPDR S&P Dividend ETF $SDY

PFG Investments LLC grew its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 15.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,762 shares of the company’s stock after buying an additional 3,243 shares during the period. PFG Investments LLC’s holdings in SPDR S&P Dividend ETF were worth $3,614,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Y Intercept Hong Kong Ltd increased its holdings in shares of SPDR S&P Dividend ETF by 347.2% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 10,277 shares of the company’s stock valued at $1,500,000 after acquiring an additional 7,979 shares during the last quarter. Elevation Point Wealth Partners LLC lifted its holdings in SPDR S&P Dividend ETF by 35.0% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 42,688 shares of the company’s stock worth $6,230,000 after purchasing an additional 11,075 shares during the last quarter. Axis Wealth Partners LLC lifted its holdings in SPDR S&P Dividend ETF by 3.0% in the 1st quarter. Axis Wealth Partners LLC now owns 9,747 shares of the company’s stock worth $1,422,000 after purchasing an additional 283 shares during the last quarter. Seamount Financial Group Inc. boosted its position in SPDR S&P Dividend ETF by 1.2% during the first quarter. Seamount Financial Group Inc. now owns 7,800 shares of the company’s stock worth $1,138,000 after purchasing an additional 91 shares during the period. Finally, Fulton Bank N.A. boosted its position in SPDR S&P Dividend ETF by 12.5% during the first quarter. Fulton Bank N.A. now owns 4,039 shares of the company’s stock worth $589,000 after purchasing an additional 450 shares during the period. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of SDY stock opened at $155.67 on Friday. SPDR S&P Dividend ETF has a 12 month low of $135.30 and a 12 month high of $156.39. The business’s 50 day moving average is $149.89 and its two-hundred day moving average is $148.30. The company has a market cap of $21.89 billion, a PE ratio of 19.85 and a beta of 0.69.

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.