Biltmore Family Office LLC Grows Position in SPDR S&P Dividend ETF $SDY

Biltmore Family Office LLC grew its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 57.1% in the second quarter, HoldingsChannel.com reports. The firm owned 550 shares of the company’s stock after buying an additional 200 shares during the quarter. Biltmore Family Office LLC’s holdings in SPDR S&P Dividend ETF were worth $75,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Rebalance LLC raised its holdings in shares of SPDR S&P Dividend ETF by 0.7% during the second quarter. Rebalance LLC now owns 11,098 shares of the company’s stock valued at $1,506,000 after acquiring an additional 76 shares in the last quarter. Summit X LLC raised its holdings in shares of SPDR S&P Dividend ETF by 4.2% during the first quarter. Summit X LLC now owns 1,932 shares of the company’s stock valued at $262,000 after acquiring an additional 77 shares in the last quarter. OneDigital Investment Advisors LLC raised its holdings in shares of SPDR S&P Dividend ETF by 0.5% during the first quarter. OneDigital Investment Advisors LLC now owns 14,308 shares of the company’s stock valued at $1,941,000 after acquiring an additional 78 shares in the last quarter. Wealth Advisory Solutions LLC raised its holdings in shares of SPDR S&P Dividend ETF by 3.1% during the second quarter. Wealth Advisory Solutions LLC now owns 2,584 shares of the company’s stock valued at $351,000 after acquiring an additional 78 shares in the last quarter. Finally, Focus Financial Network Inc. raised its holdings in shares of SPDR S&P Dividend ETF by 0.5% during the second quarter. Focus Financial Network Inc. now owns 15,561 shares of the company’s stock valued at $2,112,000 after acquiring an additional 81 shares in the last quarter. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Down 1.0%

Shares of SPDR S&P Dividend ETF stock opened at $138.93 on Wednesday. The company has a market cap of $20.00 billion, a PE ratio of 19.85 and a beta of 0.79. The business has a 50 day moving average of $140.00 and a 200 day moving average of $136.98. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $144.45.

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.