Signaturefd LLC Buys 3,307 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Signaturefd LLC boosted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 126.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,924 shares of the company’s stock after buying an additional 3,307 shares during the period. Signaturefd LLC’s holdings in SPDR S&P Dividend ETF were worth $740,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Grimes & Company Inc. boosted its stake in SPDR S&P Dividend ETF by 1.6% during the 4th quarter. Grimes & Company Inc. now owns 5,402 shares of the company’s stock valued at $675,000 after purchasing an additional 84 shares during the last quarter. PFG Investments LLC boosted its stake in SPDR S&P Dividend ETF by 1.0% during the 4th quarter. PFG Investments LLC now owns 8,451 shares of the company’s stock valued at $1,056,000 after purchasing an additional 86 shares during the last quarter. My Legacy Advisors LLC boosted its stake in SPDR S&P Dividend ETF by 1.4% during the 3rd quarter. My Legacy Advisors LLC now owns 6,614 shares of the company’s stock valued at $745,000 after purchasing an additional 93 shares during the last quarter. GEM Asset Management LLC boosted its stake in SPDR S&P Dividend ETF by 2.6% during the 3rd quarter. GEM Asset Management LLC now owns 3,891 shares of the company’s stock valued at $448,000 after purchasing an additional 99 shares during the last quarter. Finally, Cardiff Park Advisors LLC boosted its stake in SPDR S&P Dividend ETF by 43.9% during the 3rd quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock valued at $38,000 after purchasing an additional 100 shares during the last quarter.

SPDR S&P Dividend ETF Trading Up 0.3 %

Shares of SDY opened at $128.06 on Wednesday. The business’s fifty day simple moving average is $127.31 and its two-hundred day simple moving average is $122.55. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $131.67. The company has a market cap of $20.37 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73.

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.