Perigon Wealth Management LLC Acquires 1,329 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Perigon Wealth Management LLC increased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 27,501 shares of the company’s stock after purchasing an additional 1,329 shares during the quarter. Perigon Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $3,662,000 at the end of the most recent quarter.

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

SPDR S&P Dividend ETF Trading Down 1.3 %

NYSEARCA SDY opened at $134.50 on Wednesday. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45. The stock has a market cap of $21.28 billion, a PE ratio of 19.72 and a beta of 0.68. The stock’s 50 day moving average is $136.02 and its 200 day moving average is $137.39.

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.