YANKCOM Partnership Makes New $359,000 Investment in SPDR S&P Dividend ETF (NYSEARCA:SDY)

YANKCOM Partnership purchased a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,715 shares of the company’s stock, valued at approximately $359,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in SPDR S&P Dividend ETF by 13,497.7% in the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after buying an additional 1,165,660 shares during the period. JPMorgan Chase & Co. boosted its stake in SPDR S&P Dividend ETF by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after buying an additional 122,858 shares in the last quarter. Argent Capital Management LLC bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $14,644,000. Synovus Financial Corp increased its holdings in shares of SPDR S&P Dividend ETF by 88.6% in the third quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock worth $12,723,000 after buying an additional 42,078 shares during the period. Finally, Nwam LLC purchased a new position in shares of SPDR S&P Dividend ETF in the third quarter worth $5,274,000.

SPDR S&P Dividend ETF Stock Performance

SDY opened at $134.21 on Thursday. The stock’s 50 day moving average price is $135.13 and its 200-day moving average price is $137.49. The stock has a market capitalization of $21.23 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52-week low of $121.52 and a 52-week high of $144.45.

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.