Fisher Asset Management LLC Buys Shares of 3,083 SPDR S&P Dividend ETF (NYSEARCA:SDY)

Fisher Asset Management LLC bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,083 shares of the company’s stock, valued at approximately $385,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SDY. Gerber LLC bought a new position in SPDR S&P Dividend ETF in the 4th quarter worth approximately $387,000. Vima LLC bought a new position in SPDR S&P Dividend ETF in the 4th quarter worth approximately $63,000. Creekmur Asset Management LLC bought a new position in SPDR S&P Dividend ETF in the 4th quarter worth approximately $1,493,000. Transcendent Capital Group LLC bought a new position in SPDR S&P Dividend ETF in the 4th quarter worth approximately $181,000. Finally, Goldman Sachs Group Inc. grew its holdings in SPDR S&P Dividend ETF by 0.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 427,206 shares of the company’s stock worth $53,388,000 after buying an additional 3,328 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SDY stock opened at $129.33 on Tuesday. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $132.49. The firm has a market capitalization of $20.46 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The business has a 50 day simple moving average of $129.02 and a 200 day simple moving average of $126.79.

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.