Halbert Hargrove Global Advisors LLC Invests $119,000 in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Halbert Hargrove Global Advisors LLC acquired a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 898 shares of the company’s stock, valued at approximately $119,000.

Other hedge funds have also recently made changes to their positions in the company. Joel Isaacson & Co. LLC boosted its position in shares of SPDR S&P Dividend ETF by 2.2% during the 4th quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock worth $332,449,000 after purchasing an additional 54,648 shares in the last quarter. JPMorgan Chase & Co. increased its position in SPDR S&P Dividend ETF by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after buying an additional 122,858 shares in the last quarter. Destination Wealth Management increased its position in SPDR S&P Dividend ETF by 0.3% in the 3rd quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock valued at $99,488,000 after buying an additional 2,366 shares in the last quarter. Elk River Wealth Management LLC increased its position in SPDR S&P Dividend ETF by 2.6% in the 4th quarter. Elk River Wealth Management LLC now owns 395,119 shares of the company’s stock valued at $52,196,000 after buying an additional 10,095 shares in the last quarter. Finally, Legacy Financial Group LLC increased its position in SPDR S&P Dividend ETF by 0.8% in the 4th quarter. Legacy Financial Group LLC now owns 377,368 shares of the company’s stock valued at $49,850,000 after buying an additional 3,088 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $138.29 on Friday. SPDR S&P Dividend ETF has a one year low of $124.37 and a one year high of $144.45. The firm has a market capitalization of $20.69 billion, a price-to-earnings ratio of 21.48 and a beta of 0.88. The business has a 50-day simple moving average of $133.71 and a 200 day simple moving average of $137.74.

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.