Rebalance LLC Has $1.45 Million Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Rebalance LLC raised its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,955 shares of the company’s stock after purchasing an additional 85 shares during the quarter. Rebalance LLC’s holdings in SPDR S&P Dividend ETF were worth $1,447,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Concurrent Investment Advisors LLC boosted its position in SPDR S&P Dividend ETF by 14.6% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 4,626 shares of the company’s stock worth $657,000 after acquiring an additional 588 shares during the period. Capital Performance Advisors LLP acquired a new stake in shares of SPDR S&P Dividend ETF during the third quarter worth approximately $31,000. Verdence Capital Advisors LLC grew its position in SPDR S&P Dividend ETF by 3.8% during the third quarter. Verdence Capital Advisors LLC now owns 9,339 shares of the company’s stock valued at $1,327,000 after purchasing an additional 343 shares in the last quarter. Assetmark Inc. increased its stake in SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after buying an additional 167 shares during the period. Finally, Mesirow Financial Investment Management Inc. increased its stake in SPDR S&P Dividend ETF by 1.9% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 101,088 shares of the company’s stock valued at $14,358,000 after buying an additional 1,869 shares during the period.

SPDR S&P Dividend ETF Stock Up 1.6 %

Shares of NYSEARCA:SDY opened at $138.67 on Monday. The firm has a fifty day moving average of $134.10 and a two-hundred day moving average of $137.80. SPDR S&P Dividend ETF has a 12-month low of $124.37 and a 12-month high of $144.45. The firm has a market capitalization of $20.75 billion, a P/E ratio of 21.48 and a beta of 0.88.

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.