Jacobi Capital Management LLC Acquires 477 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Jacobi Capital Management LLC boosted its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDYGet Rating) by 10.0% in the first quarter, HoldingsChannel reports. The firm owned 5,263 shares of the company’s stock after purchasing an additional 477 shares during the period. Jacobi Capital Management LLC’s holdings in SPDR S&P Dividend ETF were worth $674,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Arete Wealth Advisors LLC increased its holdings in SPDR S&P Dividend ETF by 27.8% in the first quarter. Arete Wealth Advisors LLC now owns 2,806 shares of the company’s stock worth $360,000 after purchasing an additional 611 shares in the last quarter. Sentinel Pension Advisors Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 12.1% during the first quarter. Sentinel Pension Advisors Inc. now owns 8,786 shares of the company’s stock valued at $1,126,000 after acquiring an additional 949 shares in the last quarter. Cadent Capital Advisors LLC increased its holdings in shares of SPDR S&P Dividend ETF by 1.5% during the first quarter. Cadent Capital Advisors LLC now owns 127,018 shares of the company’s stock valued at $16,272,000 after acquiring an additional 1,907 shares in the last quarter. 3EDGE Asset Management LP increased its holdings in shares of SPDR S&P Dividend ETF by 2.3% during the first quarter. 3EDGE Asset Management LP now owns 536,870 shares of the company’s stock valued at $68,778,000 after acquiring an additional 11,823 shares in the last quarter. Finally, Phillips Financial Management LLC bought a new stake in shares of SPDR S&P Dividend ETF during the first quarter valued at approximately $883,000.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA SDY opened at $125.98 on Friday. SPDR S&P Dividend ETF has a 52 week low of $113.22 and a 52 week high of $133.22. The business has a 50 day moving average price of $121.54 and a 200-day moving average price of $124.48.

SPDR S&P Dividend ETF Profile

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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.

Further Reading

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:SDYGet Rating).

Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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