SPDR S&P Dividend ETF $SDY Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans grew its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 121.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,611 shares of the company’s stock after acquiring an additional 9,657 shares during the quarter. Thrivent Financial for Lutherans’ holdings in SPDR S&P Dividend ETF were worth $2,458,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Compass Financial Services Inc acquired a new position in shares of SPDR S&P Dividend ETF during the third quarter valued at $29,000. Delos Wealth Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF during the third quarter valued at $29,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P Dividend ETF during the fourth quarter valued at $34,000. Syntax Research Inc. acquired a new position in shares of SPDR S&P Dividend ETF during the fourth quarter valued at $35,000. Finally, Capital Investment Counsel Inc acquired a new position in shares of SPDR S&P Dividend ETF during the fourth quarter valued at $51,000. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $149.96 on Tuesday. SPDR S&P Dividend ETF has a 1 year low of $131.96 and a 1 year high of $156.39. The company has a market cap of $21.95 billion, a price-to-earnings ratio of 19.85 and a beta of 0.71. The firm has a fifty day moving average of $147.39 and a 200-day moving average of $145.86.

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.