Brinker Capital Inc. Has $25.37 Million Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Brinker Capital Inc. lifted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 235,872 shares of the company’s stock after purchasing an additional 7,720 shares during the period. SPDR S&P Dividend ETF makes up about 0.8% of Brinker Capital Inc.’s investment portfolio, making the stock its 17th biggest position. Brinker Capital Inc. owned approximately 0.13% of SPDR S&P Dividend ETF worth $25,373,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Princeton Global Asset Management LLC acquired a new position in SPDR S&P Dividend ETF during the 3rd quarter worth $26,000. Pacifica Partners Inc. acquired a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $29,000. Horizon Bancorp Inc. IN acquired a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $39,000. Peddock Capital Advisors LLC acquired a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $42,000. Finally, Thor Advisors LLC acquired a new stake in SPDR S&P Dividend ETF in the third quarter valued at approximately $43,000.

SDY traded up $3.02 during trading on Thursday, hitting $79.08. The company’s stock had a trading volume of 18,917 shares, compared to its average volume of 1,091,997. SPDR S&P Dividend ETF has a twelve month low of $67.57 and a twelve month high of $108.81. The business’s fifty day simple moving average is $96.50 and its 200 day simple moving average is $102.90.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Monday, March 23rd were issued a $0.6687 dividend. This represents a $2.67 annualized dividend and a yield of 3.38%. The ex-dividend date was Friday, March 20th.

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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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