Segall Bryant & Hamill LLC Makes New Investment in SPDR S&P Dividend ETF $SDY

Segall Bryant & Hamill LLC bought a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,438 shares of the company’s stock, valued at approximately $1,560,000.

Other hedge funds have also made changes to their positions in the company. Godsey & Gibb Inc. increased its stake in shares of SPDR S&P Dividend ETF by 4.0% during the first quarter. Godsey & Gibb Inc. now owns 1,838 shares of the company’s stock valued at $268,000 after buying an additional 70 shares during the period. Ritholtz Wealth Management lifted its stake in SPDR S&P Dividend ETF by 1.3% in the first quarter. Ritholtz Wealth Management now owns 5,534 shares of the company’s stock worth $808,000 after acquiring an additional 71 shares during the period. Golden State Wealth Management LLC lifted its stake in SPDR S&P Dividend ETF by 0.8% in the fourth quarter. Golden State Wealth Management LLC now owns 8,619 shares of the company’s stock worth $1,199,000 after acquiring an additional 71 shares during the period. Pittenger & Anderson Inc. grew its holdings in SPDR S&P Dividend ETF by 3.9% during the 1st quarter. Pittenger & Anderson Inc. now owns 2,136 shares of the company’s stock worth $312,000 after acquiring an additional 80 shares in the last quarter. Finally, Operose Advisors LLC grew its holdings in SPDR S&P Dividend ETF by 8.1% during the 4th quarter. Operose Advisors LLC now owns 1,075 shares of the company’s stock worth $150,000 after acquiring an additional 81 shares in the last quarter. 43.42% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA SDY opened at $157.23 on Wednesday. The company has a market capitalization of $23.80 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. The company’s 50-day simple moving average is $152.80 and its two-hundred day simple moving average is $150.48. SPDR S&P Dividend ETF has a one year low of $135.30 and a one year high of $160.29.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.