SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Bought by Stablepoint Partners LLC

Stablepoint Partners LLC grew its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 17,698 shares of the company’s stock after buying an additional 1,588 shares during the quarter. Stablepoint Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $2,338,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Performance Advisors LLP purchased a new position in SPDR S&P Dividend ETF during the 3rd quarter worth approximately $31,000. JNBA Financial Advisors purchased a new stake in SPDR S&P Dividend ETF in the third quarter valued at approximately $32,000. Assetmark Inc. boosted its holdings in shares of SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares during the period. Strategic Investment Solutions Inc. IL grew its position in shares of SPDR S&P Dividend ETF by 113.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after acquiring an additional 140 shares during the last quarter. Finally, ST Germain D J Co. Inc. acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $38,000.

SPDR S&P Dividend ETF Price Performance

SDY stock opened at $133.91 on Friday. The company has a market cap of $21.18 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The company has a fifty day moving average price of $136.10 and a 200 day moving average price of $137.19. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month 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.