Halbert Hargrove Global Advisors LLC Invests $119,000 in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Halbert Hargrove Global Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 898 shares of the company’s stock, valued at approximately $119,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Avion Wealth lifted its position in shares of SPDR S&P Dividend ETF by 164.5% during the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after purchasing an additional 125 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in SPDR S&P Dividend ETF during the third quarter worth about $31,000. Kestra Investment Management LLC purchased a new position in SPDR S&P Dividend ETF during the fourth quarter worth about $31,000. JNBA Financial Advisors bought a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth approximately $32,000. Finally, Noble Wealth Management PBC purchased a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $32,000.

SPDR S&P Dividend ETF Stock Up 1.3 %

Shares of NYSEARCA SDY opened at $138.29 on Friday. SPDR S&P Dividend ETF has a twelve month low of $124.37 and a twelve month high of $144.45. The stock’s 50 day moving average price is $133.71 and its 200-day moving average price is $137.74. The company has a market capitalization of $20.69 billion, a PE ratio of 21.48 and a beta of 0.88.

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.