MGO One Seven LLC grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 36.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,718 shares of the company’s stock after purchasing an additional 8,155 shares during the period. MGO One Seven LLC’s holdings in SPDR S&P Dividend ETF were worth $4,275,000 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 company. Retirement Planning Group LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 11.7% during the 4th quarter. Retirement Planning Group LLC now owns 7,300 shares of the company’s stock valued at $1,016,000 after buying an additional 764 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of SPDR S&P Dividend ETF by 7.4% in the 4th quarter. Sequoia Financial Advisors LLC now owns 22,204 shares of the company’s stock valued at $3,090,000 after buying an additional 1,530 shares in the last quarter. Indivisible Partners acquired a new position in SPDR S&P Dividend ETF in the fourth quarter worth approximately $863,000. BOKF NA increased its holdings in SPDR S&P Dividend ETF by 0.6% in the fourth quarter. BOKF NA now owns 102,079 shares of the company’s stock worth $14,205,000 after buying an additional 622 shares during the last quarter. Finally, Long Run Wealth Advisors LLC raised its position in SPDR S&P Dividend ETF by 0.7% during the fourth quarter. Long Run Wealth Advisors LLC now owns 14,212 shares of the company’s stock valued at $1,978,000 after acquiring an additional 102 shares in the last quarter. 43.42% of the stock is owned by hedge funds and other institutional investors.
SPDR S&P Dividend ETF Stock Down 0.3%
NYSEARCA SDY opened at $148.01 on Friday. The stock has a market capitalization of $21.66 billion, a PE ratio of 19.85 and a beta of 0.71. The company has a 50 day moving average price of $148.52 and a two-hundred day moving average price of $145.05. SPDR S&P Dividend ETF has a 12-month low of $131.96 and a 12-month high of $156.39.
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.
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