May Barnhard Investments LLC Buys New Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

May Barnhard Investments LLC bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 10,140 shares of the company’s stock, valued at approximately $1,340,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Avion Wealth grew its stake in SPDR S&P Dividend ETF by 164.5% in the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after buying an additional 125 shares during the last quarter. Kestra Investment Management LLC acquired a new position in SPDR S&P Dividend ETF in the 4th quarter valued at $31,000. Noble Wealth Management PBC acquired a new position in SPDR S&P Dividend ETF in the 4th quarter valued at $32,000. Assetmark Inc. grew 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 last quarter. Finally, Rialto Wealth Management LLC acquired a new position in SPDR S&P Dividend ETF in the 4th quarter valued at $34,000.

SPDR S&P Dividend ETF Trading Down 0.4 %

NYSEARCA:SDY opened at $133.09 on Friday. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year high of $144.45. The firm’s fifty day simple moving average is $134.36 and its 200 day simple moving average is $137.73. The firm has a market capitalization of $19.91 billion, a PE ratio of 21.48 and a beta of 0.88.

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.