Sunbelt Securities Inc. Purchases 439 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Sunbelt Securities Inc. increased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,762 shares of the company’s stock after purchasing an additional 439 shares during the period. Sunbelt Securities Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,242,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Fifth Third Securities Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 7.9% in the second quarter. Fifth Third Securities Inc. now owns 12,567 shares of the company’s stock worth $1,598,000 after purchasing an additional 922 shares during the last quarter. LRI Investments LLC bought a new position in SPDR S&P Dividend ETF in the 1st quarter worth about $492,000. Choreo LLC increased its position in shares of SPDR S&P Dividend ETF by 6.7% during the second quarter. Choreo LLC now owns 20,387 shares of the company’s stock worth $2,568,000 after acquiring an additional 1,276 shares during the period. Vermillion & White Wealth Management Group LLC bought a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter valued at approximately $172,000. Finally, Bristlecone Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the second quarter valued at approximately $199,000.

SPDR S&P Dividend ETF Trading Up 0.2 %

Shares of SDY stock opened at $142.04 on Tuesday. SPDR S&P Dividend ETF has a twelve month low of $109.87 and a twelve month high of $142.62. The stock has a fifty day simple moving average of $137.15 and a two-hundred day simple moving average of $131.80. The stock has a market capitalization of $22.47 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.