Strategic Blueprint LLC Increases Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Strategic Blueprint LLC lifted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 89.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,487 shares of the company’s stock after buying an additional 6,363 shares during the quarter. Strategic Blueprint LLC’s holdings in SPDR S&P Dividend ETF were worth $1,782,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ritholtz Wealth Management lifted its holdings in shares of SPDR S&P Dividend ETF by 9.7% in the fourth quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock worth $755,000 after buying an additional 505 shares in the last quarter. Key Client Fiduciary Advisors LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 3.7% in the third quarter. Key Client Fiduciary Advisors LLC now owns 2,720 shares of the company’s stock worth $386,000 after buying an additional 98 shares in the last quarter. Franklin Resources Inc. increased its position in shares of SPDR S&P Dividend ETF by 2.2% in the third quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock worth $8,189,000 after purchasing an additional 1,222 shares during the last quarter. CX Institutional increased its position in shares of SPDR S&P Dividend ETF by 4.0% in the third quarter. CX Institutional now owns 66,854 shares of the company’s stock worth $9,496,000 after purchasing an additional 2,580 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of SPDR S&P Dividend ETF by 2.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 97,397 shares of the company’s stock worth $12,387,000 after purchasing an additional 2,705 shares during the last quarter.

SPDR S&P Dividend ETF Trading Down 0.5 %

SDY stock opened at $133.79 on Thursday. The company’s 50 day moving average is $135.92 and its 200 day moving average is $137.42. The stock has a market cap of $21.17 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1-year low of $121.52 and a 1-year high of $144.45.

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.