Hyperion Partners LLC Grows Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Hyperion Partners LLC grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report) by 3.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 168,621 shares of the company’s stock after purchasing an additional 5,398 shares during the quarter. SPDR S&P Dividend ETF makes up approximately 16.2% of Hyperion Partners LLC’s portfolio, making the stock its largest holding. Hyperion Partners LLC owned 0.09% of SPDR S&P Dividend ETF worth $22,130,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. J.W. Cole Advisors Inc. raised its position in shares of SPDR S&P Dividend ETF by 85.2% in the fourth quarter. J.W. Cole Advisors Inc. now owns 55,260 shares of the company’s stock valued at $6,906,000 after purchasing an additional 25,430 shares during the period. Key Financial Inc increased its position in SPDR S&P Dividend ETF by 4.5% during the fourth quarter. Key Financial Inc now owns 4,209 shares of the company’s stock worth $526,000 after acquiring an additional 180 shares during the period. UBS Group AG increased its position in SPDR S&P Dividend ETF by 3.5% during the fourth quarter. UBS Group AG now owns 1,993,538 shares of the company’s stock worth $249,132,000 after acquiring an additional 67,304 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in SPDR S&P Dividend ETF by 9.9% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 18,512 shares of the company’s stock worth $2,313,000 after acquiring an additional 1,669 shares during the period. Finally, Interchange Capital Partners LLC increased its position in SPDR S&P Dividend ETF by 5.6% during the fourth quarter. Interchange Capital Partners LLC now owns 5,624 shares of the company’s stock worth $703,000 after acquiring an additional 298 shares during the period.

SPDR S&P Dividend ETF Price Performance

SDY stock traded up $0.12 on Friday, reaching $128.47. 209,295 shares of the company were exchanged, compared to its average volume of 336,975. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $132.49. The stock’s fifty day moving average price is $128.94 and its 200 day moving average price is $126.69. The firm has a market capitalization of $20.32 billion, a PE ratio of 19.72 and a beta of 0.68.

SPDR S&P Dividend ETF Profile

(Free Report)

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.

Further Reading

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

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