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

Sunbelt Securities Inc. raised its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,762 shares of the company’s stock after purchasing an additional 439 shares during the quarter. Sunbelt Securities Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,242,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Vantage Financial Partners LLC bought a new stake in SPDR S&P Dividend ETF during the fourth quarter worth about $453,000. Trexquant Investment LP bought a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $392,000. Brown Brothers Harriman & Co. lifted its position in SPDR S&P Dividend ETF by 128.0% during the fourth quarter. Brown Brothers Harriman & Co. now owns 1,603 shares of the company’s stock valued at $200,000 after buying an additional 900 shares during the period. Belpointe Asset Management LLC lifted its position in SPDR S&P Dividend ETF by 9.7% during the 4th quarter. Belpointe Asset Management LLC now owns 8,574 shares of the company’s stock valued at $1,071,000 after acquiring an additional 760 shares during the period. Finally, Amussen Hunsaker Associates LLC boosted its position in shares of SPDR S&P Dividend ETF by 7.2% in the 4th quarter. Amussen Hunsaker Associates LLC now owns 2,465 shares of the company’s stock worth $308,000 after purchasing an additional 165 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $142.04 on Tuesday. The firm has a market cap of $22.47 billion, a P/E ratio of 19.72 and a beta of 0.68. The firm has a 50-day simple moving average of $137.15 and a two-hundred day simple moving average of $131.80. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $142.62.

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.