Americana Partners LLC Boosts Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Americana Partners LLC boosted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.9% in the 3rd quarter, Holdings Channel reports. The firm owned 46,129 shares of the company’s stock after acquiring an additional 4,137 shares during the quarter. Americana Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $6,552,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Riggs Asset Managment Co. Inc. increased its holdings in SPDR S&P Dividend ETF by 76.8% during the 1st 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. Russell Investments Group Ltd. increased its stake in SPDR S&P Dividend ETF by 101.6% in the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after purchasing an additional 127 shares during the period. Opal Wealth Advisors LLC purchased a new stake in SPDR S&P Dividend ETF during the 2nd quarter valued at approximately $34,000. Strategic Investment Solutions Inc. IL raised its stake in shares of SPDR S&P Dividend ETF by 113.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after purchasing an additional 140 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P Dividend ETF during the second quarter worth about $38,000.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY traded up $0.63 during trading on Friday, hitting $138.81. 52,739 shares of the company were exchanged, compared to its average volume of 283,169. The company has a market cap of $21.96 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1 year low of $112.91 and a 1 year high of $144.06. The firm’s fifty day moving average price is $140.39 and its 200 day moving average price is $133.70.

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.