Kingswood Wealth Advisors LLC increased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 4.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 20,438 shares of the company’s stock after purchasing an additional 944 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $2,682,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Frazier Financial Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $27,000. Friedenthal Financial acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter valued at $29,000. Scarborough Advisors LLC purchased a new position in SPDR S&P Dividend ETF in the fourth quarter valued at about $30,000. Tennessee Valley Asset Management Partners acquired a new position in SPDR S&P Dividend ETF in the 4th quarter worth about $36,000. Finally, Bare Financial Services Inc purchased a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth about $43,000.
SPDR S&P Dividend ETF Stock Performance
Shares of SPDR S&P Dividend ETF stock traded down $0.52 during trading on Wednesday, hitting $127.26. 266,465 shares of the stock traded hands, compared to its average volume of 336,155. The company has a fifty day moving average price of $129.08 and a two-hundred day moving average price of $126.83. SPDR S&P Dividend ETF has a twelve month low of $109.87 and a twelve month high of $132.49. The stock has a market cap of $20.13 billion, a P/E ratio of 19.72 and a beta of 0.68.
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.
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Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report).
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