Thoroughbred Financial Services LLC Takes $376,000 Position in SPDR S&P Dividend ETF (SDY)

Thoroughbred Financial Services LLC bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,786 shares of the company’s stock, valued at approximately $376,000.

Several other large investors have also recently bought and sold shares of the company. Keystone Financial Group bought a new position in shares of SPDR S&P Dividend ETF in the first quarter valued at approximately $209,000. Karp Capital Management Corp raised its position in SPDR S&P Dividend ETF by 223.3% in the 1st quarter. Karp Capital Management Corp now owns 3,382 shares of the company’s stock worth $336,000 after purchasing an additional 2,336 shares during the last quarter. Financial Partners Group Inc raised its position in SPDR S&P Dividend ETF by 33.8% in the 1st quarter. Financial Partners Group Inc now owns 12,501 shares of the company’s stock worth $1,243,000 after purchasing an additional 3,157 shares during the last quarter. Raymond James & Associates raised its position in SPDR S&P Dividend ETF by 4.6% in the 1st quarter. Raymond James & Associates now owns 4,252,272 shares of the company’s stock worth $422,719,000 after purchasing an additional 188,693 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in SPDR S&P Dividend ETF by 6.1% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 1,121,565 shares of the company’s stock worth $111,495,000 after purchasing an additional 64,111 shares during the last quarter.

SDY stock traded down $0.08 during trading on Friday, hitting $99.40. The company had a trading volume of 115,085 shares, compared to its average volume of 727,289. SPDR S&P Dividend ETF has a 12 month low of $84.28 and a 12 month high of $101.92.

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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.

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

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