NTV Asset Management LLC Boosts Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

NTV Asset Management LLC grew its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,327 shares of the company’s stock after acquiring an additional 227 shares during the period. NTV Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $416,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Friedenthal Financial acquired a new position in SPDR S&P Dividend ETF in the fourth quarter worth about $29,000. Tennessee Valley Asset Management Partners bought a new position in SPDR S&P Dividend ETF during the 4th quarter worth approximately $36,000. Cardiff Park Advisors LLC grew its position in shares of SPDR S&P Dividend ETF by 43.9% in the 3rd quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock worth $38,000 after acquiring an additional 100 shares in the last quarter. Assetmark Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 428.6% in the 3rd quarter. Assetmark Inc. now owns 370 shares of the company’s stock valued at $43,000 after acquiring an additional 300 shares during the last quarter. Finally, Bare Financial Services Inc acquired a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at approximately $43,000.

SPDR S&P Dividend ETF Stock Up 0.4 %

Shares of NYSEARCA:SDY traded up $0.51 on Friday, reaching $128.60. 191,750 shares of the company’s stock were exchanged, compared to its average volume of 370,541. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $131.67. The business’s 50-day moving average is $127.86 and its two-hundred day moving average is $123.31. The firm has a market capitalization of $20.34 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

About SPDR S&P Dividend ETF

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.