Flaharty Asset Management LLC Acquires 2,742 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Flaharty Asset Management LLC increased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 175,135 shares of the company’s stock after purchasing an additional 2,742 shares during the period. SPDR S&P Dividend ETF accounts for approximately 3.5% of Flaharty Asset Management LLC’s holdings, making the stock its 12th largest position. Flaharty Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $21,887,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Grimes & Company Inc. boosted its holdings in shares of SPDR S&P Dividend ETF by 1.6% during the fourth quarter. Grimes & Company Inc. now owns 5,402 shares of the company’s stock worth $675,000 after acquiring an additional 84 shares during the period. PFG Investments LLC raised its position in SPDR S&P Dividend ETF by 1.0% in the 4th quarter. PFG Investments LLC now owns 8,451 shares of the company’s stock worth $1,056,000 after purchasing an additional 86 shares during the period. PDS Planning Inc increased its position in shares of SPDR S&P Dividend ETF by 0.6% in the fourth quarter. PDS Planning Inc now owns 16,889 shares of the company’s stock valued at $2,111,000 after acquiring an additional 97 shares during the period. Cardiff Park Advisors LLC boosted its stake in shares of SPDR S&P Dividend ETF by 43.9% during the 3rd quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock valued at $38,000 after purchasing an additional 100 shares in the last quarter. Finally, Coston McIsaac & Partners boosted its stake in shares of SPDR S&P Dividend ETF by 0.7% during the 4th quarter. Coston McIsaac & Partners now owns 14,867 shares of the company’s stock valued at $1,858,000 after purchasing an additional 110 shares in the last quarter.

SPDR S&P Dividend ETF Stock Up 0.5 %

Shares of SDY traded up $0.70 during trading hours on Monday, reaching $128.19. 62,779 shares of the company traded hands, compared to its average volume of 375,151. The company’s fifty day moving average price is $127.56 and its two-hundred day moving average price is $122.83. The company has a market capitalization of $20.39 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $131.67.

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.