Performa Ltd US LLC Purchases New Position in SPDR S&P Dividend ETF $SDY

Performa Ltd US LLC bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 9,455 shares of the company’s stock, valued at approximately $1,439,000. SPDR S&P Dividend ETF makes up approximately 0.2% of Performa Ltd US LLC’s investment portfolio, making the stock its 19th largest holding.

Other large investors have also made changes to their positions in the company. Markowski Investments bought a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth $28,000. Park National Corp OH acquired a new position in SPDR S&P Dividend ETF during the 1st quarter worth about $28,000. Continuum Advisory LLC acquired a new position in SPDR S&P Dividend ETF during the 2nd quarter worth about $29,000. MBM Wealth Consultants LLC bought a new stake in SPDR S&P Dividend ETF during the 1st quarter worth about $34,000. Finally, Ankerstar Wealth LLC bought a new stake in SPDR S&P Dividend ETF during the 4th quarter worth about $33,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $154.63 on Wednesday. The firm has a 50 day simple moving average of $156.18 and a 200 day simple moving average of $151.74. SPDR S&P Dividend ETF has a fifty-two week low of $135.30 and a fifty-two week high of $160.29. The firm has a market cap of $23.41 billion, a P/E ratio of 19.85 and a beta of 0.69.

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