SPDR S&P Dividend ETF $SDY Holdings Boosted by Addison Capital Co

Addison Capital Co grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 90.8% in the first quarter, Holdings Channel.com reports. The firm owned 6,770 shares of the company’s stock after purchasing an additional 3,221 shares during the period. Addison Capital Co’s holdings in SPDR S&P Dividend ETF were worth $988,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. World Investment Advisors boosted its position in SPDR S&P Dividend ETF by 9.2% during the 4th quarter. World Investment Advisors now owns 80,205 shares of the company’s stock worth $11,161,000 after acquiring an additional 6,744 shares during the period. Dara Capital US Inc. acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at about $509,000. Coldstream Capital Management Inc. lifted its position in shares of SPDR S&P Dividend ETF by 126.6% in the third quarter. Coldstream Capital Management Inc. now owns 223,525 shares of the company’s stock worth $31,305,000 after purchasing an additional 124,864 shares in the last quarter. M&T Bank Corp lifted its position in shares of SPDR S&P Dividend ETF by 8.0% in the fourth quarter. M&T Bank Corp now owns 97,976 shares of the company’s stock worth $13,634,000 after purchasing an additional 7,228 shares in the last quarter. Finally, Ticino Wealth acquired a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $602,000. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $155.62 on Wednesday. The company has a market capitalization of $21.87 billion, a PE ratio of 19.85 and a beta of 0.69. The company’s 50 day moving average price is $150.15 and its 200 day moving average price is $148.55. SPDR S&P Dividend ETF has a 52 week low of $135.30 and a 52 week high of $156.82.

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