Cardan Capital Partners LLC grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 266,119 shares of the company’s stock after buying an additional 7,197 shares during the quarter. SPDR S&P Dividend ETF comprises 4.8% of Cardan Capital Partners LLC’s investment portfolio, making the stock its 3rd biggest holding. Cardan Capital Partners LLC owned 0.15% of SPDR S&P Dividend ETF worth $25,142,000 as of its most recent SEC filing.
Separately, Train Babcock Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter valued at approximately $929,000.
Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) opened at $94.70 on Thursday. The company has a market capitalization of $16,200.00 and a P/E ratio of 29.69. SPDR S&P Dividend ETF has a 1-year low of $85.14 and a 1-year high of $97.39.
The firm also recently declared a special dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 18th were issued a $1.5601 dividend. The ex-dividend date was Friday, December 15th. This represents a dividend yield of 2.67%. SPDR S&P Dividend ETF’s dividend payout ratio is currently 65.83%.
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