SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Bought by First Horizon Advisors Inc.

First Horizon Advisors Inc. raised its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.5% in the 3rd quarter, Holdings Channel reports. The fund owned 39,972 shares of the company’s stock after acquiring an additional 601 shares during the period. First Horizon Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $5,678,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Capital Performance Advisors LLP purchased a new stake in SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $31,000. JNBA Financial Advisors acquired a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $32,000. Russell Investments Group Ltd. boosted its stake 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 buying an additional 127 shares in the last quarter. Opal Wealth Advisors LLC acquired a new position in SPDR S&P Dividend ETF during the second quarter worth $34,000. Finally, Assetmark Inc. raised its position in SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares in the last quarter.

SPDR S&P Dividend ETF Stock Down 0.0 %

NYSEARCA:SDY opened at $139.66 on Thursday. The firm’s fifty day simple moving average is $140.74 and its 200-day simple moving average is $135.02. The stock has a market cap of $22.09 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a fifty-two week low of $117.66 and a fifty-two week high of $144.06.

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.