Caerus Investment Advisors LLC Purchases New Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Caerus Investment Advisors LLC acquired a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,600 shares of the company’s stock, valued at approximately $210,000.

Other hedge funds have also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. boosted its stake in SPDR S&P Dividend ETF by 85.2% during the 4th quarter. J.W. Cole Advisors Inc. now owns 55,260 shares of the company’s stock valued at $6,906,000 after purchasing an additional 25,430 shares during the last quarter. Key Financial Inc grew its holdings in SPDR S&P Dividend ETF by 4.5% during the 4th quarter. Key Financial Inc now owns 4,209 shares of the company’s stock valued at $526,000 after buying an additional 180 shares in the last quarter. UBS Group AG raised its holdings in shares of SPDR S&P Dividend ETF by 3.5% during the 4th quarter. UBS Group AG now owns 1,993,538 shares of the company’s stock worth $249,132,000 after acquiring an additional 67,304 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 9.9% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 18,512 shares of the company’s stock worth $2,313,000 after buying an additional 1,669 shares during the last quarter. Finally, Interchange Capital Partners LLC lifted its position in SPDR S&P Dividend ETF by 5.6% in the fourth quarter. Interchange Capital Partners LLC now owns 5,624 shares of the company’s stock worth $703,000 after buying an additional 298 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SDY traded down $0.85 during mid-day trading on Monday, reaching $126.33. 71,453 shares of the company’s stock traded hands, compared to its average volume of 332,240. The stock’s 50-day moving average is $129.17 and its two-hundred day moving average is $126.92. The stock has a market cap of $19.99 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $132.49.

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.