Delta Capital Management LLC Acquires Shares of 2,650 SPDR S&P Dividend ETF (NYSEARCA:SDY)

Delta Capital Management LLC bought a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,650 shares of the company’s stock, valued at approximately $350,000.

A number of other institutional investors have also made changes to their positions in SDY. Capital Performance Advisors LLP acquired a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at about $31,000. JNBA Financial Advisors bought a new stake in shares of SPDR S&P Dividend ETF during the third quarter worth approximately $32,000. Assetmark Inc. grew its position in shares of SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL increased 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 period. Finally, ST Germain D J Co. Inc. acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter worth approximately $38,000.

SPDR S&P Dividend ETF Price Performance

SDY opened at $133.77 on Friday. The company has a market capitalization of $21.16 billion, a PE ratio of 19.72 and a beta of 0.68. The business has a fifty day simple moving average of $136.76 and a 200 day simple moving average of $136.93. SPDR S&P Dividend ETF has a 1 year low of $121.52 and a 1 year high of $144.45.

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.