TruNorth Capital Management LLC Acquires 3,229 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

TruNorth Capital Management LLC grew its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 466.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,921 shares of the company’s stock after buying an additional 3,229 shares during the period. TruNorth Capital Management LLC’s holdings in SPDR S&P Dividend ETF were worth $518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Roger Wittlin Investment Advisory LLC boosted its stake in shares of SPDR S&P Dividend ETF by 0.6% during the third quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock valued at $1,861,000 after purchasing an additional 73 shares during the period. N.E.W. Advisory Services LLC lifted its holdings in SPDR S&P Dividend ETF by 1.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock valued at $914,000 after buying an additional 76 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its position in SPDR S&P Dividend ETF by 4.9% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 1,617 shares of the company’s stock valued at $214,000 after buying an additional 76 shares during the period. Good Life Advisors LLC grew its stake in SPDR S&P Dividend ETF by 1.4% in the 4th quarter. Good Life Advisors LLC now owns 5,665 shares of the company’s stock worth $748,000 after acquiring an additional 79 shares in the last quarter. Finally, Smart Money Group LLC increased its position in shares of SPDR S&P Dividend ETF by 0.7% during the fourth quarter. Smart Money Group LLC now owns 12,547 shares of the company’s stock worth $1,658,000 after acquiring an additional 86 shares during the period.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA SDY opened at $136.96 on Tuesday. The stock has a 50 day moving average price of $133.41 and a 200 day moving average price of $137.66. The firm has a market capitalization of $21.67 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 $124.37 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.