Associated Banc Corp Acquires 2,967 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Associated Banc Corp grew its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.8% during the third quarter, HoldingsChannel reports. The firm owned 108,994 shares of the company’s stock after buying an additional 2,967 shares during the quarter. Associated Banc Corp’s holdings in SPDR S&P Dividend ETF were worth $15,482,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SDY. Fifth Third Securities Inc. boosted its stake in shares of SPDR S&P Dividend ETF by 7.9% during the second quarter. Fifth Third Securities Inc. now owns 12,567 shares of the company’s stock valued at $1,598,000 after purchasing an additional 922 shares in the last quarter. Choreo LLC boosted its position in SPDR S&P Dividend ETF by 6.7% during the 2nd quarter. Choreo LLC now owns 20,387 shares of the company’s stock worth $2,568,000 after buying an additional 1,276 shares during the period. Bristlecone Advisors LLC bought a new stake in SPDR S&P Dividend ETF during the 2nd quarter worth approximately $199,000. Forbes Financial Planning Inc. increased its position in SPDR S&P Dividend ETF by 1.5% in the 2nd quarter. Forbes Financial Planning Inc. now owns 38,019 shares of the company’s stock valued at $4,835,000 after acquiring an additional 568 shares during the period. Finally, Opal Wealth Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF during the second quarter valued at $34,000.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock traded up $1.47 during trading on Monday, hitting $143.78. The company’s stock had a trading volume of 27,950 shares, compared to its average volume of 277,867. The stock has a market cap of $22.75 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52 week low of $118.33 and a 52 week high of $144.06. The stock has a 50-day moving average price of $140.83 and a two-hundred day moving average price of $135.23.

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.