SPDR S&P Dividend ETF $SDY Stake Increased by Wedmont Private Capital

Wedmont Private Capital increased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 54.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,220 shares of the company’s stock after buying an additional 5,358 shares during the quarter. Wedmont Private Capital’s holdings in SPDR S&P Dividend ETF were worth $2,349,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Park National Corp OH purchased a new position in SPDR S&P Dividend ETF during the 1st quarter valued at about $28,000. Markowski Investments purchased a new stake in shares of SPDR S&P Dividend ETF in the second quarter worth approximately $28,000. Continuum Advisory LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the second quarter worth approximately $29,000. Ankerstar Wealth LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $33,000. Finally, MBM Wealth Consultants LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the first quarter worth approximately $34,000. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $155.89 on Tuesday. The company has a market capitalization of $23.60 billion, a PE ratio of 19.85 and a beta of 0.69. The company’s 50 day moving average price is $156.13 and its 200 day moving average price is $151.74. SPDR S&P Dividend ETF has a 52 week low of $135.30 and a 52 week high of $160.29.

SPDR S&P Dividend ETF 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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.