300 Shares in SPDR S&P Dividend ETF (NYSEARCA:SDY) Acquired by Kohmann Bosshard Financial Services LLC

Kohmann Bosshard Financial Services LLC purchased a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 300 shares of the company’s stock, valued at approximately $40,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ritholtz Wealth Management grew its stake in shares of SPDR S&P Dividend ETF by 9.7% in the 4th quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock worth $755,000 after buying an additional 505 shares during the last quarter. Empowered Funds LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $67,000. Franklin Resources Inc. grew its stake in shares of SPDR S&P Dividend ETF by 2.2% in the 3rd quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock worth $8,189,000 after buying an additional 1,222 shares during the last quarter. FSA Wealth Management LLC purchased a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at $3,488,000. Finally, Citigroup Inc. boosted its stake in SPDR S&P Dividend ETF by 16.0% during the 3rd quarter. Citigroup Inc. now owns 25,758 shares of the company’s stock valued at $3,659,000 after purchasing an additional 3,551 shares during the last quarter.

SPDR S&P Dividend ETF Trading Up 0.1 %

Shares of SDY opened at $138.36 on Tuesday. The business’s fifty day simple moving average is $133.82 and its two-hundred day simple moving average is $137.79. SPDR S&P Dividend ETF has a 12 month low of $124.37 and a 12 month high of $144.45. The company has a market cap of $20.70 billion, a price-to-earnings 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.