Turtle Creek Wealth Advisors LLC Acquires Shares of 5,817 SPDR S&P Dividend ETF $SDY

Turtle Creek Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,817 shares of the company’s stock, valued at approximately $815,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in SPDR S&P Dividend ETF by 404.5% during the 4th quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock valued at $2,443,000 after buying an additional 14,829 shares during the period. AQR Capital Management LLC raised its stake in shares of SPDR S&P Dividend ETF by 49.5% during the first quarter. AQR Capital Management LLC now owns 7,936 shares of the company’s stock valued at $1,077,000 after acquiring an additional 2,627 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 15.7% during the second quarter. Park Avenue Securities LLC now owns 11,458 shares of the company’s stock worth $1,555,000 after purchasing an additional 1,551 shares during the period. GAMMA Investing LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 14.4% during the second quarter. GAMMA Investing LLC now owns 2,660 shares of the company’s stock worth $361,000 after purchasing an additional 334 shares during the period. Finally, AdvisorNet Financial Inc grew its stake in shares of SPDR S&P Dividend ETF by 52.3% in the second quarter. AdvisorNet Financial Inc now owns 1,942 shares of the company’s stock worth $264,000 after purchasing an additional 667 shares during the last quarter. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $145.32 on Wednesday. The stock’s 50-day moving average is $140.67 and its 200 day moving average is $139.77. The company has a market cap of $20.64 billion, a PE ratio of 19.85 and a beta of 0.79. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $146.92.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.