RiverGlades Family Offices LLC Invests $210,000 in SPDR S&P Dividend ETF (NYSEARCA:SDY)

RiverGlades Family Offices LLC acquired a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 3rd quarter, Holdings Channel reports. The fund acquired 1,475 shares of the company’s stock, valued at approximately $210,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Coston McIsaac & Partners lifted its position in shares of SPDR S&P Dividend ETF by 0.5% during the third quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after purchasing an additional 72 shares during the last quarter. Marshall Financial Group LLC increased its stake in SPDR S&P Dividend ETF by 3.7% in the 3rd quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock worth $290,000 after buying an additional 73 shares during the period. Roger Wittlin Investment Advisory LLC lifted its holdings in SPDR S&P Dividend ETF by 0.6% during the 3rd quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock valued at $1,861,000 after buying an additional 73 shares in the last quarter. WealthBridge Capital Management LLC boosted its position in SPDR S&P Dividend ETF by 1.8% in the 3rd quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock valued at $595,000 after buying an additional 75 shares during the period. Finally, M3 Advisory Group LLC grew its stake in SPDR S&P Dividend ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock worth $519,000 after acquiring an additional 76 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $143.47 on Wednesday. The firm’s 50 day simple moving average is $140.92 and its 200-day simple moving average is $135.40. SPDR S&P Dividend ETF has a one year low of $118.33 and a one year high of $144.06. The firm has a market cap of $22.70 billion, a PE 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.