4,536 Shares in SPDR S&P Dividend ETF $SDY Purchased by 71 West Capital Partners

71 West Capital Partners acquired a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 4,536 shares of the company’s stock, valued at approximately $631,000.

Several other hedge funds have also recently bought and sold shares of the business. Golden State Wealth Management LLC lifted its stake in SPDR S&P Dividend ETF by 0.8% in the 4th quarter. Golden State Wealth Management LLC now owns 8,619 shares of the company’s stock worth $1,199,000 after acquiring an additional 71 shares in the last quarter. Keel Point LLC lifted its stake in SPDR S&P Dividend ETF by 2.2% in the 3rd quarter. Keel Point LLC now owns 3,499 shares of the company’s stock worth $490,000 after acquiring an additional 76 shares in the last quarter. Trust Co. of Vermont lifted its stake in SPDR S&P Dividend ETF by 0.7% in the 4th quarter. Trust Co. of Vermont now owns 10,830 shares of the company’s stock worth $1,507,000 after acquiring an additional 80 shares in the last quarter. Operose Advisors LLC lifted its stake in SPDR S&P Dividend ETF by 8.1% in the 4th quarter. Operose Advisors LLC now owns 1,075 shares of the company’s stock worth $150,000 after acquiring an additional 81 shares in the last quarter. Finally, Charles Schwab Trust Co lifted its stake in SPDR S&P Dividend ETF by 0.3% in the 4th quarter. Charles Schwab Trust Co now owns 29,980 shares of the company’s stock worth $4,172,000 after acquiring an additional 82 shares in the last quarter. 43.42% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Trading Up 0.1%

Shares of SPDR S&P Dividend ETF stock opened at $152.84 on Wednesday. SPDR S&P Dividend ETF has a 1 year low of $132.89 and a 1 year high of $156.39. The stock has a 50-day moving average price of $148.74 and a 200 day moving average price of $147.26. The company has a market cap of $22.37 billion, a P/E ratio of 19.85 and a beta of 0.69.

About SPDR S&P Dividend ETF

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.