Great Valley Advisor Group Inc. Buys 1,037 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Great Valley Advisor Group Inc. raised its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 11.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,502 shares of the company’s stock after purchasing an additional 1,037 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,492,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Russell Investments Group Ltd. lifted its holdings in SPDR S&P Dividend ETF by 101.6% in the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after buying an additional 127 shares during the period. O Shaughnessy Asset Management LLC lifted its stake in shares of SPDR S&P Dividend ETF by 8.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,617 shares of the company’s stock valued at $606,000 after purchasing an additional 361 shares during the period. Ancora Advisors LLC boosted its position in shares of SPDR S&P Dividend ETF by 0.9% during the first quarter. Ancora Advisors LLC now owns 10,511 shares of the company’s stock valued at $1,379,000 after purchasing an additional 91 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its position in shares of SPDR S&P Dividend ETF by 4.6% during the first quarter. B. Riley Wealth Advisors Inc. now owns 24,433 shares of the company’s stock valued at $3,207,000 after purchasing an additional 1,068 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in SPDR S&P Dividend ETF by 85.5% in the first quarter. Jane Street Group LLC now owns 50,005 shares of the company’s stock worth $6,563,000 after purchasing an additional 23,041 shares during the period.

SPDR S&P Dividend ETF Trading Up 0.9 %

SDY opened at $143.60 on Tuesday. The company has a market cap of $22.72 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The stock has a fifty day simple moving average of $140.88 and a two-hundred day simple moving average of $135.32. SPDR S&P Dividend ETF has a 12-month low of $118.33 and a 12-month high of $144.06.

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.