Princeton Global Asset Management LLC Has $283,000 Stock Position in SPDR S&P Dividend ETF $SDY

Princeton Global Asset Management LLC raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 27.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,082 shares of the company’s stock after acquiring an additional 451 shares during the quarter. Princeton Global Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $283,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SDY. Insight Inv LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth $27,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth $40,000. Private Wealth Asset Management LLC increased its position in shares of SPDR S&P Dividend ETF by 1,245.5% during the second quarter. Private Wealth Asset Management LLC now owns 296 shares of the company’s stock worth $40,000 after buying an additional 274 shares during the period. Crews Bank & Trust increased its position in shares of SPDR S&P Dividend ETF by 98.2% during the first quarter. Crews Bank & Trust now owns 327 shares of the company’s stock worth $44,000 after buying an additional 162 shares during the period. Finally, Briaud Financial Planning Inc acquired a new stake in shares of SPDR S&P Dividend ETF during the first quarter worth $45,000. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Up 0.6%

SDY opened at $140.12 on Tuesday. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $144.45. The company has a fifty day moving average of $140.09 and a 200-day moving average of $136.36. The stock has a market cap of $20.18 billion, a PE ratio of 19.85 and a beta of 0.86.

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.