Key Financial Inc grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 4.5% during the 4th quarter, Holdings Channel reports. The firm owned 4,209 shares of the company’s stock after purchasing an additional 180 shares during the quarter. Key Financial Inc’s holdings in SPDR S&P Dividend ETF were worth $526,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC bought a new position in shares of SPDR S&P Dividend ETF in the first quarter valued at about $25,000. Russell Investments Group Ltd. bought a new stake in SPDR S&P Dividend ETF during the 2nd quarter worth about $27,000. Friedenthal Financial bought a new stake in SPDR S&P Dividend ETF during the 4th quarter worth about $29,000. Live Oak Investment Partners bought a new stake in SPDR S&P Dividend ETF during the 4th quarter worth about $34,000. Finally, Tennessee Valley Asset Management Partners bought a new stake in SPDR S&P Dividend ETF during the 4th quarter worth about $36,000.
SPDR S&P Dividend ETF Stock Performance
NYSEARCA:SDY traded up $0.40 on Wednesday, hitting $125.00. 222,456 shares of the stock were exchanged, compared to its average volume of 395,044. The stock has a market capitalization of $19.88 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $131.67. The company’s 50-day moving average price is $126.98 and its 200 day moving average price is $122.07.
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.
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Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report).
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