SPDR S&P Dividend ETF (NYSEARCA:SDY) Stock Position Boosted by Private Wealth Group LLC

Private Wealth Group LLC increased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 49,455 shares of the company’s stock after buying an additional 1,300 shares during the quarter. SPDR S&P Dividend ETF comprises 3.2% of Private Wealth Group LLC’s portfolio, making the stock its 10th largest position. Private Wealth Group LLC’s holdings in SPDR S&P Dividend ETF were worth $6,533,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $31,000. JNBA Financial Advisors acquired a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at about $32,000. Assetmark Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its stake in SPDR S&P Dividend ETF by 113.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after buying an additional 140 shares during the last quarter. Finally, ST Germain D J Co. Inc. acquired a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth about $38,000.

SPDR S&P Dividend ETF Trading Up 0.4 %

SDY opened at $133.92 on Friday. The business’s 50 day moving average is $136.34 and its 200-day moving average is $137.16. The stock has a market cap of $21.19 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45.

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.