1,621 Shares in SPDR S&P Dividend ETF $SDY Purchased by Headland Capital LLC

Headland Capital LLC acquired a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 2nd quarter, HoldingsChannel reports. The firm acquired 1,621 shares of the company’s stock, valued at approximately $220,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group acquired a new stake in SPDR S&P Dividend ETF during the second quarter worth about $40,000. Thurston Springer Miller Herd & Titak Inc. increased its position in SPDR S&P Dividend ETF by 350.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 315 shares of the company’s stock worth $43,000 after purchasing an additional 245 shares during the last quarter. Crews Bank & Trust increased its position in SPDR S&P Dividend ETF by 98.2% during the first quarter. Crews Bank & Trust now owns 327 shares of the company’s stock worth $44,000 after purchasing an additional 162 shares during the last quarter. Briaud Financial Planning Inc purchased a new position in SPDR S&P Dividend ETF during the first quarter worth about $45,000. Finally, Wealth Preservation Advisors LLC purchased a new position in SPDR S&P Dividend ETF during the first quarter worth about $50,000. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Price Performance

Shares of SDY stock opened at $140.64 on Monday. The firm has a market cap of $20.34 billion, a PE ratio of 19.85 and a beta of 0.86. The company has a 50-day moving average of $139.83 and a two-hundred day moving average of $135.94. SPDR S&P Dividend ETF has a 1-year low of $119.83 and a 1-year high of $144.45.

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.