Csenge Advisory Group Acquires 12,062 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Csenge Advisory Group grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 303.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,032 shares of the company’s stock after acquiring an additional 12,062 shares during the period. Csenge Advisory Group’s holdings in SPDR S&P Dividend ETF were worth $2,118,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC raised its holdings in SPDR S&P Dividend ETF by 13,497.7% in the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after purchasing an additional 1,165,660 shares during the period. JPMorgan Chase & Co. raised its stake in shares of SPDR S&P Dividend ETF by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after buying an additional 122,858 shares during the period. TigerOak Management L.L.C. purchased a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $16,186,000. Argent Capital Management LLC bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at approximately $14,644,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at approximately $11,505,000.

SPDR S&P Dividend ETF Trading Down 0.5 %

NYSEARCA SDY opened at $134.26 on Friday. SPDR S&P Dividend ETF has a 12 month low of $123.32 and a 12 month high of $144.45. The stock has a market cap of $21.24 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The company’s 50 day moving average is $133.77 and its two-hundred day moving average is $137.49.

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.