SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by Good Life Advisors LLC

Good Life Advisors LLC boosted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,665 shares of the company’s stock after acquiring an additional 79 shares during the period. Good Life Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $748,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SDY. Flagstar Advisors Inc. increased its position in shares of SPDR S&P Dividend ETF by 3.1% in the 4th quarter. Flagstar Advisors Inc. now owns 9,883 shares of the company’s stock worth $1,306,000 after purchasing an additional 297 shares during the last quarter. Joel Adams & Associates Inc. acquired a new position in SPDR S&P Dividend ETF in the fourth quarter worth about $213,000. Global Retirement Partners LLC increased its holdings in SPDR S&P Dividend ETF by 7.6% in the fourth quarter. Global Retirement Partners LLC now owns 34,033 shares of the company’s stock valued at $4,496,000 after buying an additional 2,414 shares during the last quarter. Bank of Jackson Hole Trust acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter valued at approximately $875,000. Finally, Kestra Investment Management LLC acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter valued at approximately $31,000.

SPDR S&P Dividend ETF Trading Up 0.7 %

Shares of SDY opened at $136.09 on Thursday. SPDR S&P Dividend ETF has a 52 week low of $123.94 and a 52 week high of $144.45. The firm has a market cap of $21.53 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The stock has a 50 day moving average of $133.55 and a 200-day moving average of $137.53.

About SPDR S&P Dividend ETF

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.