One Capital Management LLC Buys 10,940 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

One Capital Management LLC grew its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 230.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,696 shares of the company’s stock after buying an additional 10,940 shares during the quarter. One Capital Management LLC’s holdings in SPDR S&P Dividend ETF were worth $1,996,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Frazier Financial Advisors LLC purchased a new position in SPDR S&P Dividend ETF during the 4th quarter worth $27,000. Riggs Asset Managment Co. Inc. increased its holdings in SPDR S&P Dividend ETF by 76.8% during the 1st quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after purchasing an additional 96 shares during the period. Scarborough Advisors LLC purchased a new position in SPDR S&P Dividend ETF during the 4th quarter worth $30,000. Farmers & Merchants Investments Inc. purchased a new position in SPDR S&P Dividend ETF during the 1st quarter worth $33,000. Finally, Russell Investments Group Ltd. increased its holdings in SPDR S&P Dividend ETF by 101.6% during the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after purchasing an additional 127 shares during the period.

SPDR S&P Dividend ETF Stock Up 0.7 %

SDY opened at $141.24 on Tuesday. The stock’s fifty day moving average is $135.07 and its two-hundred day moving average is $130.87. The company has a market capitalization of $22.34 billion, a P/E 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 $141.52.

About SPDR S&P Dividend ETF

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.