Clarity Capital Partners LLC Buys 176 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Clarity Capital Partners LLC increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.4% in the 4th quarter, HoldingsChannel reports. The firm owned 5,405 shares of the company’s stock after acquiring an additional 176 shares during the quarter. Clarity Capital Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $714,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Avion Wealth raised its position in shares of SPDR S&P Dividend ETF by 164.5% in the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after buying an additional 125 shares in the last quarter. Avidian Wealth Enterprises LLC increased its stake in SPDR S&P Dividend ETF by 4.9% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 1,617 shares of the company’s stock valued at $214,000 after acquiring an additional 76 shares during the last quarter. Kentucky Trust Co bought a new position in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $1,093,000. Gladstone Institutional Advisory LLC raised its position in SPDR S&P Dividend ETF by 33.0% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 3,790 shares of the company’s stock valued at $501,000 after purchasing an additional 940 shares in the last quarter. Finally, TFB Advisors LLC lifted its stake in SPDR S&P Dividend ETF by 58.7% during the fourth quarter. TFB Advisors LLC now owns 3,503 shares of the company’s stock worth $463,000 after purchasing an additional 1,296 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $133.51 on Thursday. SPDR S&P Dividend ETF has a 52-week low of $121.52 and a 52-week high of $144.45. The firm has a market cap of $21.12 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The business’s fifty day moving average is $134.17 and its 200-day moving average is $137.54.

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.