SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by Carmichael Hill & Associates Inc.

Carmichael Hill & Associates Inc. raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 42,556 shares of the company’s stock after acquiring an additional 569 shares during the quarter. SPDR S&P Dividend ETF accounts for 2.1% of Carmichael Hill & Associates Inc.’s investment portfolio, making the stock its 8th biggest holding. Carmichael Hill & Associates Inc.’s holdings in SPDR S&P Dividend ETF were worth $6,045,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Coston McIsaac & Partners increased its stake in shares of SPDR S&P Dividend ETF by 0.5% in the 3rd quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock valued at $2,058,000 after acquiring an additional 72 shares in the last quarter. Marshall Financial Group LLC grew its holdings in SPDR S&P Dividend ETF by 3.7% in the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock worth $290,000 after purchasing an additional 73 shares during the period. WealthBridge Capital Management LLC increased its stake in SPDR S&P Dividend ETF by 1.8% in the third quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock valued at $595,000 after purchasing an additional 75 shares in the last quarter. M3 Advisory Group LLC raised its holdings in shares of SPDR S&P Dividend ETF by 2.1% during the third quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock valued at $519,000 after purchasing an additional 76 shares during the period. Finally, Great Valley Advisor Group Inc. boosted its position in shares of SPDR S&P Dividend ETF by 0.8% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock worth $1,204,000 after purchasing an additional 77 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $138.18 on Friday. The business has a 50-day simple moving average of $140.39 and a 200 day simple moving average of $133.85. The firm has a market capitalization of $21.86 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a one year low of $112.91 and a one year high of $144.06.

SPDR S&P Dividend ETF 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.