Mutual Advisors LLC Has $2.29 Million Stock Holdings in SPDR S&P Dividend ETF $SDY

Mutual Advisors LLC grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,360 shares of the company’s stock after buying an additional 390 shares during the quarter. Mutual Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $2,288,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in SDY. Insight Inv LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at $27,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at $40,000. Private Wealth Asset Management LLC raised its stake in shares of SPDR S&P Dividend ETF by 1,245.5% in the 2nd quarter. Private Wealth Asset Management LLC now owns 296 shares of the company’s stock valued at $40,000 after buying an additional 274 shares in the last quarter. Crews Bank & Trust raised its stake in shares of SPDR S&P Dividend ETF by 98.2% in the 1st quarter. Crews Bank & Trust now owns 327 shares of the company’s stock valued at $44,000 after buying an additional 162 shares in the last quarter. Finally, Briaud Financial Planning Inc acquired a new stake in shares of SPDR S&P Dividend ETF during the 1st quarter worth about $45,000. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Down 0.9%

Shares of SPDR S&P Dividend ETF stock opened at $138.31 on Friday. The stock has a market capitalization of $19.93 billion, a P/E ratio of 19.85 and a beta of 0.86. The company has a 50-day simple moving average of $140.05 and a 200 day simple moving average of $136.20. SPDR S&P Dividend ETF has a 12-month low of $119.83 and a 12-month high of $144.45.

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.