Pure Financial Advisors LLC Has $484,000 Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Pure Financial Advisors LLC grew its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 46.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,666 shares of the company’s stock after acquiring an additional 1,157 shares during the quarter. Pure Financial Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $484,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SDY. AE Wealth Management LLC boosted its position in SPDR S&P Dividend ETF by 51.8% in the second quarter. AE Wealth Management LLC now owns 4,721 shares of the company’s stock valued at $600,000 after buying an additional 1,612 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of SPDR S&P Dividend ETF by 5.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 23,883 shares of the company’s stock valued at $3,037,000 after acquiring an additional 1,204 shares in the last quarter. Evergreen Capital Management LLC grew its position in SPDR S&P Dividend ETF by 3.6% during the 2nd quarter. Evergreen Capital Management LLC now owns 13,695 shares of the company’s stock worth $1,742,000 after acquiring an additional 470 shares during the last quarter. Insigneo Advisory Services LLC increased its holdings in SPDR S&P Dividend ETF by 112.8% in the 2nd quarter. Insigneo Advisory Services LLC now owns 4,083 shares of the company’s stock worth $536,000 after purchasing an additional 2,164 shares in the last quarter. Finally, Drucker Wealth 3.0 LLC bought a new position in SPDR S&P Dividend ETF in the second quarter valued at about $2,404,000.

SPDR S&P Dividend ETF Trading Up 0.9 %

NYSEARCA:SDY opened at $134.93 on Wednesday. The stock’s 50-day moving average is $136.60 and its 200-day moving average is $137.13. SPDR S&P Dividend ETF has a 1-year low of $121.52 and a 1-year high of $144.45. The stock has a market cap of $21.35 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.