Cozad Asset Management Inc. Buys 146 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Cozad Asset Management Inc. boosted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,322 shares of the company’s stock after purchasing an additional 146 shares during the period. Cozad Asset Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $2,156,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SDY. Avion Wealth raised its stake 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 acquiring an additional 125 shares during the last quarter. Kestra Investment Management LLC bought a new position in shares of SPDR S&P Dividend ETF during the fourth quarter valued at $31,000. Noble Wealth Management PBC bought a new position in shares of SPDR S&P Dividend ETF during the fourth quarter valued at $32,000. Assetmark Inc. raised its stake in shares of SPDR S&P Dividend ETF by 192.0% during 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 last quarter. Finally, Rialto Wealth Management LLC bought a new position in shares of SPDR S&P Dividend ETF during the fourth quarter valued at $34,000.

SPDR S&P Dividend ETF Stock Performance

SDY stock opened at $136.12 on Tuesday. The company has a fifty day moving average price of $134.53 and a 200-day moving average price of $137.67. The company has a market capitalization of $20.25 billion, a P/E ratio of 20.91 and a beta of 0.87. 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.