SeaCrest Wealth Management LLC grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 43.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,057 shares of the company’s stock after acquiring an additional 1,541 shares during the period. SeaCrest Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $718,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in SDY. Riggs Asset Managment Co. Inc. boosted its position in shares of SPDR S&P Dividend ETF by 76.8% during the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after acquiring an additional 96 shares during the last quarter. Scarborough Advisors LLC purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter worth $30,000. Farmers & Merchants Investments Inc. purchased a new stake in SPDR S&P Dividend ETF in the 1st quarter worth $33,000. Russell Investments Group Ltd. boosted its holdings in shares of SPDR S&P Dividend ETF by 101.6% during the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after purchasing an additional 127 shares during the last quarter. Finally, Opal Wealth Advisors LLC purchased a new position in shares of SPDR S&P Dividend ETF during the second quarter valued at about $34,000.
SPDR S&P Dividend ETF Trading Up 0.6 %
NYSEARCA:SDY opened at $143.52 on Thursday. The business’s 50-day moving average is $139.10 and its 200 day moving average is $132.81. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $144.06. The company has a market capitalization of $22.70 billion, a P/E ratio of 19.72 and a beta of 0.68.
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.
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