Martin Capital Partners LLC purchased a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 3,045 shares of the company’s stock, valued at approximately $402,000.
Several other institutional investors have also recently bought and sold shares of the business. Capital Performance Advisors LLP bought a new position in SPDR S&P Dividend ETF in the third quarter valued at about $31,000. JNBA Financial Advisors bought a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at about $32,000. Assetmark Inc. grew its position in shares of SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after buying an additional 167 shares during the period. Strategic Investment Solutions Inc. IL raised its stake 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 buying an additional 140 shares during the last quarter. Finally, ST Germain D J Co. Inc. acquired a new position in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $38,000.
SPDR S&P Dividend ETF Stock Performance
Shares of SDY stock opened at $133.67 on Wednesday. The firm’s 50 day moving average price is $135.13 and its two-hundred day moving average price is $137.49. The stock has a market cap of $21.15 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52-week low of $121.52 and a 52-week high of $144.45.
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.
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