GAMMA Investing LLC Purchases 417 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

GAMMA Investing LLC increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 28.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,885 shares of the company’s stock after buying an additional 417 shares during the period. GAMMA Investing LLC’s holdings in SPDR S&P Dividend ETF were worth $240,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SDY. Ancora Advisors LLC boosted its stake in shares of SPDR S&P Dividend ETF by 0.9% during the 1st quarter. Ancora Advisors LLC now owns 10,511 shares of the company’s stock worth $1,379,000 after acquiring an additional 91 shares during the period. Riggs Asset Managment Co. Inc. boosted its position in SPDR S&P Dividend ETF by 76.8% during the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after purchasing an additional 96 shares during the period. PDS Planning Inc increased its holdings in shares of SPDR S&P Dividend ETF by 0.6% in the fourth quarter. PDS Planning Inc now owns 16,889 shares of the company’s stock valued at $2,111,000 after purchasing an additional 97 shares during the last quarter. NBC Securities Inc. raised its position in shares of SPDR S&P Dividend ETF by 4.0% in the first quarter. NBC Securities Inc. now owns 2,811 shares of the company’s stock valued at $368,000 after purchasing an additional 107 shares during the period. Finally, ZWJ Investment Counsel Inc. lifted its stake in shares of SPDR S&P Dividend ETF by 2.7% during the 1st quarter. ZWJ Investment Counsel Inc. now owns 4,388 shares of the company’s stock worth $576,000 after buying an additional 115 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock traded up $2.19 during trading hours on Tuesday, hitting $133.59. The company had a trading volume of 327,766 shares, compared to its average volume of 323,142. The firm has a 50-day moving average of $129.67 and a 200 day moving average of $128.11. The firm has a market cap of $21.13 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a one year low of $109.87 and a one year high of $136.03.

SPDR S&P Dividend ETF 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.