Hilton Capital Management 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 filing with the Securities and Exchange Commission. The institutional investor purchased 4,390 shares of the company’s stock, valued at approximately $580,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. May Barnhard Investments LLC acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at approximately $1,340,000. Whitegate Investment Counselors Inc. increased its position in SPDR S&P Dividend ETF by 0.7% in the 4th quarter. Whitegate Investment Counselors Inc. now owns 57,553 shares of the company’s stock valued at $7,603,000 after acquiring an additional 388 shares during the period. Madison Investment Advisors LLC acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at approximately $2,086,000. Commonwealth Equity Services LLC increased its position in SPDR S&P Dividend ETF by 2.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,103,945 shares of the company’s stock valued at $145,831,000 after acquiring an additional 30,488 shares during the period. Finally, Avantax Advisory Services Inc. increased its position in SPDR S&P Dividend ETF by 1.2% in the 4th quarter. Avantax Advisory Services Inc. now owns 110,102 shares of the company’s stock valued at $14,544,000 after acquiring an additional 1,335 shares during the period.
SPDR S&P Dividend ETF Stock Performance
Shares of SDY stock opened at $134.62 on Friday. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year high of $144.45. The stock has a market cap of $20.14 billion, a PE ratio of 21.48 and a beta of 0.88. The business’s fifty day moving average is $134.42 and its 200-day moving average is $137.70.
SPDR S&P Dividend ETF Company 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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