NYSEARCA:SDY

SPDR S&P Dividend ETF (SDY) Price, Holdings, & News

$127.72
+0.93 (+0.73%)
(As of 04/22/2024 ET)
Today's Range
$126.48
$128.31
50-Day Range
$122.28
$131.24
52-Week Range
$109.87
$131.67
Volume
216,580 shs
Average Volume
388,422 shs
Market Capitalization
$20.31 billion
Assets Under Management
$20.09 billion
Dividend Yield
2.51%
Net Expense Ratio
0.35%
SDY stock logo

About SPDR S&P Dividend ETF (NYSEARCA:SDY)

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. In addition, the Fund may invest in equity securities that are not included in the Index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by the Adviser). SSgA Funds Management, Inc. is the investment adviser to the Fund.

SDY Stock Price History

SDY ETF News Headlines

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Fund Details

Issuer
SSgA
Fund Name
SPDR S&P Dividend ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:SDY
Inception Date
11/8/2005
Fund Manager
Michael Feehily, Karl Schneider, Emiliano Rabinovich

Fund Focus

Asset Class
Equity
Benchmark
S&P High Yield Dividend Aristocrats Index
Category
Strategy
Focus
High Dividend Yield
Development Level
Developed Markets
Region
North America
Number of Holdings
138

Fund Statistics

Assets Under Management
$20.09 billion
Average Daily Volume
$292,412.10
Discount/Premium
-0.04%

Administrator, Advisor and Custodian

Administrator
SSgA Funds Management, Inc.
Advisor
SSgA Funds Management, Inc.
Custodian
State Street Bank and Trust Company
Distributor
State Street Global Advisors Funds Distributors, LLC
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Susquehanna

Options

Optionable
Optionable
Options Volume
51
Put Options
17
Call Options
34
Short Interest
49,800 shs

Miscellaneous

Beta
0.73
Creation Unit
50,000
Creation Fee
$250.00
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SPDR S&P Dividend ETF Expenses

TypeSDYHigh Dividend Yield ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.35%0.45%0.54%0.50%0.51%
Other Expenses0.00%0.26%0.54%0.64%0.58%
Total Expense0.35%0.53%0.70%0.74%0.70%
Fee Waiver0.00%-0.21%-0.55%-0.68%-0.57%
Net Expense0.35%0.51%0.60%0.57%0.58%

SPDR S&P Dividend ETF (SDY) Holdings & Exposure

SDY Sector Exposure

SDY Industry Exposure

Key Executives

  • James E. Ross (Age 52)
    President, Trustee of StreetTracks series trust
  • Peter A. Ambrosini (Age 69)
    Chief Compliance Officer of street tracks series trust
  • Michael P. Riley (Age 44)
    Vice President of street tracks series trust
  • Gary L. French (Age 64)
    Treasurer of street tracks series trust
  • John W. Clark (Age 46)
    Assistant Treasurer of street tracks series trust
  • Matthew W. Flaherty (Age 42)
    Assistant Treasurer of street tracks series trust
  • Chad C. Hallett (Age 47)
    Assistant Treasurer of Street tracks series trust
  • Mary Moran Zeven (Age 52)
    Secretary of street tracks series trust
  • Scott M. Zoltowski (Age 44)
    Assistant Secretary of street tracks series trust
  • David M Kelly (Age 76)
    Independent Trustee of street tracks series trust

Should I Buy SPDR S&P Dividend ETF Stock? SDY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in SPDR S&P Dividend ETF:

  • Provides exposure to the Large Cap Value segment of the US equity market.
  • Passively managed exchange-traded fund.
  • Seeks to closely match the returns of the S&P High Yield Dividend Aristocrats Index.
  • Invests in securities of companies with a managed-dividends policy of consistently increasing dividends every year for at least 25 consecutive years.
  • Offers diversification by investing in a basket of high dividend-yielding stocks.

Cons

Investors should be bearish about investing in SPDR S&P Dividend ETF for these reasons:

  • Market fluctuations can impact the fund's performance.
  • May not provide significant capital appreciation potential compared to growth-focused funds.
  • Exposure to dividend-paying stocks may be sensitive to interest rate changes.
  • Performance may be influenced by the overall economic conditions affecting dividend-paying companies.
  • Investors should consider the current stock price and valuation metrics before investing.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these SPDR S&P Dividend ETF pros and cons to contact@marketbeat.com.

SDY ETF - Frequently Asked Questions

How have SDY shares performed in 2024?

SPDR S&P Dividend ETF's stock was trading at $124.97 at the start of the year. Since then, SDY shares have increased by 2.2% and is now trading at $127.72.
View the best growth stocks for 2024 here
.

What does SDY invest in?

SPDR S&P Dividend ETF is a equity fund issued by SSgA. SDY focuses on high dividend yield investments and follows the S&P High Yield Dividend Aristocrats Index. The fund's investments total to approximately $20.09 billion assets under management.

What stocks does SPDR S&P Dividend ETF hold?
What is the management fee for SPDR S&P Dividend ETF?

SPDR S&P Dividend ETF's management fee is 0.35% and has no other recorded expenses or fee waivers. The net expense ratio for SDY is 0.35%.

What other stocks do shareholders of SPDR S&P Dividend ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SPDR S&P Dividend ETF investors own include Chimera Investment (CIM), McDonald's (MCD), Costco Wholesale (COST), CVS Health (CVS), Home Depot (HD), Pfizer (PFE), AT&T (T), AbbVie (ABBV), DOW (DOW) and Merck & Co., Inc. (MRK).

Who are SPDR S&P Dividend ETF's major shareholders?

SPDR S&P Dividend ETF's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Raymond James & Associates (1.45%), Legacy Financial Group LLC (0.22%), Wealth Enhancement Advisory Services LLC (0.11%), Hyperion Partners LLC (0.09%), Capital Advisors Ltd. LLC (0.10%) and CRA Financial Services LLC (0.07%).

How do I buy shares of SPDR S&P Dividend ETF?

Shares of SDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:SDY) was last updated on 4/22/2024 by MarketBeat.com Staff

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