SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by Forum Financial Management LP

Forum Financial Management LP increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,383 shares of the company’s stock after purchasing an additional 1,023 shares during the quarter. Forum Financial Management LP’s holdings in SPDR S&P Dividend ETF were worth $1,617,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Riggs Asset Managment Co. Inc. grew its stake in SPDR S&P Dividend ETF by 76.8% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock valued at $29,000 after acquiring an additional 96 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of SPDR S&P Dividend ETF by 101.6% in the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after purchasing an additional 127 shares during the last quarter. Strategic Investment Solutions Inc. IL raised its position in shares of SPDR S&P Dividend ETF by 113.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after purchasing an additional 140 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in SPDR S&P Dividend ETF in the 2nd quarter valued at approximately $34,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR S&P Dividend ETF during the 2nd quarter valued at $38,000.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $138.18 on Monday. SPDR S&P Dividend ETF has a fifty-two week low of $112.91 and a fifty-two week high of $144.06. The business has a fifty day moving average of $140.39 and a 200-day moving average of $133.92. The stock has a market cap of $21.86 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.