SPDR S&P Dividend ETF (NYSEARCA:SDY) Stake Boosted by Good Life Advisors LLC

Good Life Advisors LLC increased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.4% during the 4th quarter, HoldingsChannel reports. The firm owned 5,665 shares of the company’s stock after acquiring an additional 79 shares during the period. Good Life Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $748,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ritholtz Wealth Management grew its position in SPDR S&P Dividend ETF by 9.7% in the 4th quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock valued at $755,000 after buying an additional 505 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of SPDR S&P Dividend ETF by 2.2% in the 3rd quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock worth $8,189,000 after acquiring an additional 1,222 shares during the period. FSA Wealth Management LLC bought a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at approximately $3,488,000. Citigroup Inc. increased its stake in shares of SPDR S&P Dividend ETF by 16.0% during the third quarter. Citigroup Inc. now owns 25,758 shares of the company’s stock valued at $3,659,000 after acquiring an additional 3,551 shares during the period. Finally, Stifel Financial Corp raised its holdings in SPDR S&P Dividend ETF by 4.6% during the third quarter. Stifel Financial Corp now owns 217,159 shares of the company’s stock worth $30,846,000 after purchasing an additional 9,594 shares in the last quarter.

SPDR S&P Dividend ETF Trading Up 0.7 %

Shares of SPDR S&P Dividend ETF stock opened at $136.09 on Thursday. SPDR S&P Dividend ETF has a 52 week low of $123.94 and a 52 week high of $144.45. The stock has a market cap of $21.53 billion, a PE ratio of 19.72 and a beta of 0.68. The company’s 50-day moving average price is $133.55 and its two-hundred day moving average price is $137.53.

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.