WFA Asset Management Corp Purchases 161 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

WFA Asset Management Corp lifted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 101.9% in the first quarter, HoldingsChannel reports. The institutional investor owned 319 shares of the company’s stock after buying an additional 161 shares during the period. WFA Asset Management Corp’s holdings in SPDR S&P Dividend ETF were worth $42,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Frazier Financial Advisors LLC acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter worth approximately $27,000. Friedenthal Financial acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter worth approximately $29,000. Scarborough Advisors LLC acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter worth approximately $30,000. Farmers & Merchants Investments Inc. acquired a new stake in SPDR S&P Dividend ETF during the first quarter worth approximately $33,000. Finally, Tennessee Valley Asset Management Partners acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter worth approximately $36,000.

SPDR S&P Dividend ETF Trading Down 0.0 %

SDY stock traded down $0.02 during mid-day trading on Wednesday, hitting $126.51. 325,324 shares of the company were exchanged, compared to its average volume of 332,464. The business has a 50 day simple moving average of $129.10 and a 200-day simple moving average of $126.95. The stock has a market capitalization of $20.01 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1-year low of $109.87 and a 1-year high of $132.49.

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.