SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by Synovus Financial Corp

Synovus Financial Corp grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 88.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 89,572 shares of the company’s stock after purchasing an additional 42,078 shares during the period. Synovus Financial Corp owned approximately 0.06% of SPDR S&P Dividend ETF worth $12,723,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at about $31,000. JNBA Financial Advisors acquired a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at about $32,000. Assetmark Inc. grew its holdings in SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares during the period. Strategic Investment Solutions Inc. IL grew its holdings in SPDR S&P Dividend ETF by 113.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after acquiring an additional 140 shares during the period. Finally, Darwin Wealth Management LLC acquired a new stake in SPDR S&P Dividend ETF during the third quarter worth about $41,000.

SPDR S&P Dividend ETF Stock Down 0.2 %

SPDR S&P Dividend ETF stock opened at $138.80 on Friday. The firm has a market cap of $21.96 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52 week low of $121.52 and a 52 week high of $144.45. The business’s 50-day moving average price is $141.02 and its 200 day moving average price is $136.19.

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.