122,532 Shares in SPDR S&P Dividend ETF (NYSEARCA:SDY) Bought by TigerOak Management L.L.C.

TigerOak Management L.L.C. bought a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 122,532 shares of the company’s stock, valued at approximately $16,186,000. SPDR S&P Dividend ETF comprises approximately 5.9% of TigerOak Management L.L.C.’s investment portfolio, making the stock its 6th biggest position.

Other large investors have also added to or reduced their stakes in the company. Avion Wealth boosted its holdings in SPDR S&P Dividend ETF by 164.5% during the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in SPDR S&P Dividend ETF during the third quarter worth $31,000. JNBA Financial Advisors acquired a new position in SPDR S&P Dividend ETF during the third quarter worth $32,000. Assetmark Inc. boosted its holdings in SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL boosted its holdings in SPDR S&P Dividend ETF by 113.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after purchasing an additional 140 shares during the last quarter.

SPDR S&P Dividend ETF Trading Down 0.5 %

NYSEARCA SDY opened at $134.26 on Friday. The firm’s fifty day moving average price is $133.77 and its two-hundred day moving average price is $137.49. SPDR S&P Dividend ETF has a 1 year low of $123.32 and a 1 year high of $144.45. The firm has a market capitalization of $21.24 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.