Capula Management Ltd Decreases Position in SPDR S&P Dividend ETF $SDY

Capula Management Ltd decreased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 78.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,393 shares of the company’s stock after selling 12,503 shares during the quarter. Capula Management Ltd’s holdings in SPDR S&P Dividend ETF were worth $475,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SDY. CVA Family Office LLC raised its holdings in SPDR S&P Dividend ETF by 60.0% during the 3rd quarter. CVA Family Office LLC now owns 200 shares of the company’s stock valued at $28,000 after buying an additional 75 shares during the period. KFA Private Wealth Group LLC boosted its stake in SPDR S&P Dividend ETF by 4.0% during the third quarter. KFA Private Wealth Group LLC now owns 2,016 shares of the company’s stock worth $282,000 after buying an additional 78 shares during the period. Stablepoint Partners LLC increased its position in SPDR S&P Dividend ETF by 0.5% during the third quarter. Stablepoint Partners LLC now owns 16,249 shares of the company’s stock valued at $2,276,000 after acquiring an additional 80 shares during the last quarter. Peak Asset Management LLC increased its position in SPDR S&P Dividend ETF by 0.6% during the second quarter. Peak Asset Management LLC now owns 14,962 shares of the company’s stock valued at $2,031,000 after acquiring an additional 86 shares during the last quarter. Finally, Verdence Capital Advisors LLC raised its stake in shares of SPDR S&P Dividend ETF by 0.9% in the third quarter. Verdence Capital Advisors LLC now owns 9,301 shares of the company’s stock valued at $1,305,000 after acquiring an additional 86 shares during the period. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Trading Up 0.2%

SDY stock opened at $148.56 on Friday. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $156.39. The company has a 50-day moving average price of $150.03 and a 200 day moving average price of $143.12. The stock has a market cap of $21.07 billion, a PE ratio of 19.85 and a beta of 0.79.

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