O ROURKE & COMPANY Inc Acquires 231 Shares of SPDR S&P Dividend ETF $SDY

O ROURKE & COMPANY Inc raised its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 3,975 shares of the company’s stock after purchasing an additional 231 shares during the quarter. O ROURKE & COMPANY Inc’s holdings in SPDR S&P Dividend ETF were worth $540,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SDY. Rebalance LLC boosted its stake in shares of SPDR S&P Dividend ETF by 0.7% during the 2nd quarter. Rebalance LLC now owns 11,098 shares of the company’s stock worth $1,506,000 after buying an additional 76 shares during the last quarter. Summit X LLC boosted its stake in shares of SPDR S&P Dividend ETF by 4.2% during the 1st quarter. Summit X LLC now owns 1,932 shares of the company’s stock worth $262,000 after buying an additional 77 shares during the last quarter. OneDigital Investment Advisors LLC boosted its stake in shares of SPDR S&P Dividend ETF by 0.5% during the 1st quarter. OneDigital Investment Advisors LLC now owns 14,308 shares of the company’s stock worth $1,941,000 after buying an additional 78 shares during the last quarter. Wealth Advisory Solutions LLC boosted its stake in shares of SPDR S&P Dividend ETF by 3.1% during the 2nd quarter. Wealth Advisory Solutions LLC now owns 2,584 shares of the company’s stock worth $351,000 after buying an additional 78 shares during the last quarter. Finally, Focus Financial Network Inc. raised its holdings in shares of SPDR S&P Dividend ETF by 0.5% in the 2nd quarter. Focus Financial Network Inc. now owns 15,561 shares of the company’s stock valued at $2,112,000 after purchasing an additional 81 shares during the period. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $140.05 on Wednesday. The firm’s 50-day moving average is $139.81 and its 200-day moving average is $135.84. The stock has a market cap of $20.50 billion, a price-to-earnings ratio of 19.85 and a beta of 0.86. SPDR S&P Dividend ETF has a 52-week low of $119.83 and a 52-week high of $144.45.

About SPDR S&P Dividend ETF

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.