Cadent Capital Advisors LLC Raises Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Cadent Capital Advisors LLC grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,296 shares of the company’s stock after acquiring an additional 120 shares during the quarter. SPDR S&P Dividend ETF makes up approximately 1.2% of Cadent Capital Advisors LLC’s holdings, making the stock its 23rd largest position. Cadent Capital Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $3,474,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SDY. Capital Performance Advisors LLP bought a new position in SPDR S&P Dividend ETF in the 3rd quarter worth approximately $31,000. JNBA Financial Advisors acquired a new position in shares of SPDR S&P Dividend ETF during the third quarter valued at approximately $32,000. Assetmark Inc. raised its holdings in SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares in the last quarter. Strategic Investment Solutions Inc. IL lifted its position in SPDR S&P Dividend ETF by 113.8% in the third 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 period. Finally, ST Germain D J Co. Inc. acquired a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter valued at $38,000.

SPDR S&P Dividend ETF Trading Up 0.7 %

NYSEARCA:SDY traded up $0.91 during mid-day trading on Monday, reaching $129.65. 197,978 shares of the stock were exchanged, compared to its average volume of 464,096. The business has a fifty day moving average price of $137.58 and a 200 day moving average price of $136.89. SPDR S&P Dividend ETF has a 1-year low of $121.52 and a 1-year high of $144.45. The firm has a market capitalization of $20.51 billion, a PE ratio of 19.72 and a beta of 0.68.

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.