SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 33.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,162 shares of the company’s stock after acquiring an additional 1,536 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $814,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Avion Wealth grew its holdings in SPDR S&P Dividend ETF by 164.5% in the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after purchasing an additional 125 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at $31,000. JNBA Financial Advisors acquired a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $32,000. Kestra Investment Management LLC purchased a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth $31,000. Finally, Assetmark Inc. boosted its holdings in SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares during the last quarter.

SPDR S&P Dividend ETF Trading Down 0.1 %

SDY stock opened at $136.54 on Monday. The company has a market cap of $21.60 billion, a PE ratio of 19.72 and a beta of 0.68. The stock has a 50-day moving average price of $133.42 and a two-hundred day moving average price of $137.63. SPDR S&P Dividend ETF has a 12-month low of $124.37 and a 12-month high of $144.45.

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.