SevenBridge Financial Group LLC Acquires 95 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

SevenBridge Financial Group LLC grew its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 6,542 shares of the company’s stock after purchasing an additional 95 shares during the period. SevenBridge Financial Group LLC’s holdings in SPDR S&P Dividend ETF were worth $928,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SDY. Russell Investments Group Ltd. boosted its holdings in SPDR S&P Dividend ETF by 101.6% in the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after acquiring an additional 127 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of SPDR S&P Dividend ETF by 8.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,617 shares of the company’s stock valued at $606,000 after purchasing an additional 361 shares during the last quarter. Waverly Advisors LLC boosted its stake in shares of SPDR S&P Dividend ETF by 464.7% in the 1st quarter. Waverly Advisors LLC now owns 29,295 shares of the company’s stock valued at $3,845,000 after purchasing an additional 24,107 shares during the last quarter. Kraft Davis & Associates LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the first quarter worth $203,000. Finally, Ancora Advisors LLC raised its stake in SPDR S&P Dividend ETF by 0.9% during the first quarter. Ancora Advisors LLC now owns 10,511 shares of the company’s stock worth $1,379,000 after buying an additional 91 shares during the last quarter.

SPDR S&P Dividend ETF Trading Up 0.7 %

Shares of SDY opened at $142.31 on Friday. The firm’s fifty day simple moving average is $140.83 and its two-hundred day simple moving average is $135.19. SPDR S&P Dividend ETF has a 12 month low of $118.33 and a 12 month high of $144.06. The stock has a market capitalization of $22.51 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.