SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Purchased by ASB Consultores LLC

ASB Consultores LLC lifted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 51.3% during the third quarter, Holdings Channel.com reports. The fund owned 3,835 shares of the company’s stock after purchasing an additional 1,300 shares during the period. ASB Consultores LLC’s holdings in SPDR S&P Dividend ETF were worth $545,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SDY. Riggs Asset Managment Co. Inc. boosted its position in shares of SPDR S&P Dividend ETF by 76.8% during the 1st quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock valued at $29,000 after purchasing an additional 96 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in SPDR S&P Dividend ETF by 101.6% during the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after buying an additional 127 shares in the last quarter. Opal Wealth Advisors LLC acquired a new position in SPDR S&P Dividend ETF in the second quarter worth approximately $34,000. Strategic Investment Solutions Inc. IL increased its holdings in shares of SPDR S&P Dividend ETF by 113.8% in the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after buying an additional 140 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR S&P Dividend ETF during the 2nd quarter valued at $38,000.

SPDR S&P Dividend ETF Stock Down 0.0 %

Shares of NYSEARCA SDY opened at $138.13 on Tuesday. The stock’s fifty day simple moving average is $140.38 and its 200 day simple moving average is $134.00. The stock has a market capitalization of $21.85 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52-week low of $113.20 and a 52-week high of $144.06.

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.