Launched on November 8, 2005, the State Street SPDR S&P Dividend ETF (SDY) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Value segment of the US equity market.
A smart beta exchange traded fund, the State Street SPDR S&P Dividend ETF (SDY) debuted on 11/08/2005, and offers broad exposure to the Style Box - Large Cap Value category of the market.
Dividend-focused ETFs are basking in the sunlight of strong inflows.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 10,307 | $1.29M | $1.61M | $318,817.62 | 24.74% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 171 | $24,289 | $26,505 | $2,216 | 9.12% |
Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 5,982 | $767,713.24 | $927,210 | $159,496.76 | 20.78% |
Curtis Ellergodt Rothschild Investment LLC | 1,624 | $205,682.13 | $255,341.52 | $49,659.39 | 24.14% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 873,659 | $132.95M | $137.89M | $4.94M | 3.71% |
| ARCA Exchange | US Country |
The fund is a financial instrument that seeks to provide investment returns by mimicking the performance of high dividend yielding stocks within the S&P Composite 1500® Index. This Index is a combination of stocks that are notable for their long-standing practice of consistently increasing dividends for at least two decades. The focus of the fund is to commit at a minimum, 80% of its assets, to the securities that form part of the index it tracks, aiming to offer investors a reliable source of dividend income alongside the potential for capital appreciation.
This product focuses on investing predominantly in securities that are a part of the index known for their high dividend yield. These are companies within the S&P Composite 1500® Index that have a record of continuously increasing their dividends every year for a minimum of 20 years. This approach is intended for investors seeking steady income through dividends alongside the potential for capital growth.
Targeting entities that have not only demonstrated a capacity to pay dividends but have also consistently increased their dividend payouts for at least 20 consecutive years. This product caters to investors who prioritize income stability and growth from companies with sustainable business models and financial health, reflective of their long-term dividend-increasing policies.