Kingswood Wealth Advisors LLC Has $5.24 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Kingswood Wealth Advisors LLC lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 29.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,689 shares of the company’s stock after acquiring an additional 8,996 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $5,243,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Joel Isaacson & Co. LLC raised its position in SPDR S&P Dividend ETF by 1.2% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock worth $349,702,000 after purchasing an additional 30,381 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of SPDR S&P Dividend ETF by 13,497.7% in the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after acquiring an additional 1,165,660 shares during the period. JPMorgan Chase & Co. increased its position in SPDR S&P Dividend ETF by 13.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after purchasing an additional 122,858 shares during the period. Destination Wealth Management raised its holdings in SPDR S&P Dividend ETF by 0.3% during the 3rd quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock worth $99,488,000 after purchasing an additional 2,366 shares during the last quarter. Finally, Creative Planning lifted its position in shares of SPDR S&P Dividend ETF by 1.1% in the 2nd quarter. Creative Planning now owns 461,739 shares of the company’s stock worth $58,724,000 after purchasing an additional 4,963 shares during the period.

SPDR S&P Dividend ETF Stock Down 0.0 %

Shares of NYSEARCA SDY opened at $133.91 on Monday. The company has a market capitalization of $21.18 billion, a PE ratio of 19.72 and a beta of 0.68. The firm has a fifty day simple moving average of $136.10 and a 200 day simple moving average of $137.27. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45.

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.