3,811 Shares in SPDR S&P Dividend ETF (NYSEARCA:SDY) Bought by Point View Wealth Management Inc.

Point View Wealth Management Inc. purchased a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,811 shares of the company’s stock, valued at approximately $410,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Princeton Global Asset Management LLC purchased a new position in shares of SPDR S&P Dividend ETF during the third quarter valued at approximately $26,000. Pacifica Partners Inc. purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at $29,000. Selective Wealth Management Inc. purchased a new stake in SPDR S&P Dividend ETF in the 3rd quarter valued at $30,000. Bourgeon Capital Management LLC purchased a new stake in SPDR S&P Dividend ETF in the 3rd quarter valued at $35,000. Finally, Simplex Trading LLC bought a new position in SPDR S&P Dividend ETF during the 3rd quarter valued at $37,000.

SDY traded up $0.13 during mid-day trading on Friday, reaching $108.76. 395,120 shares of the stock were exchanged, compared to its average volume of 669,479. The company has a 50 day moving average price of $107.17 and a two-hundred day moving average price of $104.01. SPDR S&P Dividend ETF has a 1 year low of $95.63 and a 1 year high of $108.77.

SPDR S&P Dividend ETF 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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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