Northwest Investment Counselors LLC Acquires New Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Northwest Investment Counselors LLC bought a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,057 shares of the company’s stock, valued at approximately $150,000.

A number of other institutional investors have also made changes to their positions in the stock. Marshall Financial Group LLC lifted its stake in SPDR S&P Dividend ETF by 3.7% during the 3rd quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock worth $290,000 after acquiring an additional 73 shares in the last quarter. WealthBridge Capital Management LLC boosted its stake in shares of SPDR S&P Dividend ETF by 1.8% in the third quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock valued at $595,000 after purchasing an additional 75 shares during the period. M3 Advisory Group LLC grew its holdings in shares of SPDR S&P Dividend ETF by 2.1% in the third quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock valued at $519,000 after purchasing an additional 76 shares in the last quarter. Great Valley Advisor Group Inc. grew its stake in shares of SPDR S&P Dividend ETF by 0.8% in the second quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock worth $1,204,000 after acquiring an additional 77 shares in the last quarter. Finally, Vantage Financial Partners LLC grew its stake in shares of SPDR S&P Dividend ETF by 2.3% in the second quarter. Vantage Financial Partners LLC now owns 3,584 shares of the company’s stock worth $456,000 after acquiring an additional 80 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY traded down $1.06 during mid-day trading on Monday, hitting $142.62. The company had a trading volume of 104,963 shares, compared to its average volume of 288,273. The company has a market capitalization of $22.56 billion, a PE ratio of 19.72 and a beta of 0.68. The business’s 50-day simple moving average is $139.50 and its 200 day simple moving average is $133.01. SPDR S&P Dividend ETF has a 1-year low of $109.87 and a 1-year high of $144.06.

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.