SPDR S&P Dividend ETF (NYSEARCA:SDY) Stock Position Increased by Navis Wealth Advisors LLC

Navis Wealth Advisors LLC lifted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,575 shares of the company’s stock after acquiring an additional 803 shares during the period. SPDR S&P Dividend ETF accounts for approximately 0.9% of Navis Wealth Advisors LLC’s holdings, making the stock its 23rd biggest position. Navis Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $869,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Capital Performance Advisors LLP bought a new position in SPDR S&P Dividend ETF during the 3rd quarter valued at $31,000. JNBA Financial Advisors bought a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $32,000. Assetmark Inc. boosted its stake in shares of SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares in the last quarter. Strategic Investment Solutions Inc. IL boosted its stake in shares of SPDR S&P Dividend ETF by 113.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after acquiring an additional 140 shares in the last quarter. Finally, ST Germain D J Co. Inc. bought a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth $38,000.

SPDR S&P Dividend ETF Stock Down 0.0 %

SDY opened at $133.91 on Friday. The firm has a market cap of $21.18 billion, a PE ratio of 19.72 and a beta of 0.68. The business has a fifty day simple moving average of $136.10 and a 200-day simple moving average of $137.19. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45.

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.