James Investment Research Inc. Has $621,000 Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

James Investment Research Inc. lifted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,370 shares of the company’s stock after buying an additional 275 shares during the period. James Investment Research Inc.’s holdings in SPDR S&P Dividend ETF were worth $621,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SDY. 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 valued at $29,000 after purchasing an additional 96 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in SPDR S&P Dividend ETF by 101.6% during the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after purchasing an additional 127 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in SPDR S&P Dividend ETF during the 2nd quarter valued at $34,000. Strategic Investment Solutions Inc. IL increased its holdings in SPDR S&P Dividend ETF by 113.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after purchasing an additional 140 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR S&P Dividend ETF during the 2nd quarter valued at $38,000.

SPDR S&P Dividend ETF Price Performance

SDY stock opened at $138.18 on Friday. The business has a fifty day moving average price of $140.39 and a 200 day moving average price of $133.85. SPDR S&P Dividend ETF has a fifty-two week low of $112.91 and a fifty-two week high of $144.06. The stock has a market capitalization of $21.86 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.