OneAscent Financial Services LLC Makes New $672,000 Investment in SPDR S&P Dividend ETF (NYSEARCA:SDY)

OneAscent Financial Services LLC bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,089 shares of the company’s stock, valued at approximately $672,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Creekmur Asset Management LLC grew its position in SPDR S&P Dividend ETF by 0.7% during the fourth quarter. Creekmur Asset Management LLC now owns 11,357 shares of the company’s stock worth $1,500,000 after buying an additional 80 shares in the last quarter. RFG Bristol Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth $246,000. Nemes Rush Group LLC increased its position in shares of SPDR S&P Dividend ETF by 507.9% in the fourth quarter. Nemes Rush Group LLC now owns 1,149 shares of the company’s stock worth $152,000 after purchasing an additional 960 shares during the period. Franklin Resources Inc. raised its stake in SPDR S&P Dividend ETF by 1.9% in the fourth quarter. Franklin Resources Inc. now owns 58,539 shares of the company’s stock valued at $7,733,000 after purchasing an additional 1,111 shares in the last quarter. Finally, Summit Financial LLC lifted its position in SPDR S&P Dividend ETF by 2.8% during the fourth quarter. Summit Financial LLC now owns 8,430 shares of the company’s stock worth $1,114,000 after purchasing an additional 226 shares during the period.

SPDR S&P Dividend ETF Stock Up 0.4 %

SDY stock opened at $136.08 on Thursday. The company’s 50-day moving average price is $135.27 and its two-hundred day moving average price is $137.33. The firm has a market cap of $20.20 billion, a P/E ratio of 20.96 and a beta of 0.80. SPDR S&P Dividend ETF has a 12 month low of $124.37 and a 12 month high of $144.45.

SPDR S&P Dividend ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a dividend of $0.8184 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.