Beacon Capital Management LLC Raises Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Beacon Capital Management LLC raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,951 shares of the company’s stock after purchasing an additional 112 shares during the quarter. Beacon Capital Management LLC’s holdings in SPDR S&P Dividend ETF were worth $258,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Avion Wealth increased its position in SPDR S&P Dividend ETF by 164.5% in the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after acquiring an additional 125 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $31,000. JNBA Financial Advisors acquired a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at approximately $32,000. Assetmark Inc. raised its stake in shares of SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL lifted its holdings 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 period.

SPDR S&P Dividend ETF Price Performance

NYSEARCA:SDY opened at $134.26 on Friday. The firm has a market cap of $21.24 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The firm’s fifty day moving average price is $133.77 and its 200 day moving average price is $137.49. SPDR S&P Dividend ETF has a 1-year low of $123.32 and a 1-year high of $144.45.

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.