PFG Investments LLC Increases Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

PFG Investments LLC grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.7% during the second quarter, HoldingsChannel reports. The firm owned 14,323 shares of the company’s stock after acquiring an additional 1,265 shares during the period. PFG Investments LLC’s holdings in SPDR S&P Dividend ETF were worth $1,822,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Fifth Third Securities Inc. increased its position in SPDR S&P Dividend ETF by 7.9% during the second quarter. Fifth Third Securities Inc. now owns 12,567 shares of the company’s stock worth $1,598,000 after purchasing an additional 922 shares during the last quarter. UBS Group AG raised its position in shares of SPDR S&P Dividend ETF by 3.5% during the 4th quarter. UBS Group AG now owns 1,993,538 shares of the company’s stock valued at $249,132,000 after buying an additional 67,304 shares during the period. LRI Investments LLC acquired a new position in SPDR S&P Dividend ETF in the first quarter valued at approximately $492,000. TD Capital Management LLC grew its position in SPDR S&P Dividend ETF by 50.6% in the fourth quarter. TD Capital Management LLC now owns 780 shares of the company’s stock worth $97,000 after acquiring an additional 262 shares during the period. Finally, GM Advisory Group LLC acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter worth $255,000.

SPDR S&P Dividend ETF Stock Up 0.9 %

Shares of SPDR S&P Dividend ETF stock opened at $138.97 on Tuesday. The firm has a market cap of $21.99 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $140.15. The business’s fifty day simple moving average is $133.76 and its 200-day simple moving average is $130.37.

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.