Capital Investment Advisory Services LLC Purchases 563 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Capital Investment Advisory Services LLC grew its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,713 shares of the company’s stock after purchasing an additional 563 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in SPDR S&P Dividend ETF were worth $589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Grimes & Company Inc. increased its holdings in SPDR S&P Dividend ETF by 1.6% during the fourth quarter. Grimes & Company Inc. now owns 5,402 shares of the company’s stock valued at $675,000 after buying an additional 84 shares during the last quarter. PFG Investments LLC increased its stake in shares of SPDR S&P Dividend ETF by 1.0% in the 4th quarter. PFG Investments LLC now owns 8,451 shares of the company’s stock worth $1,056,000 after purchasing an additional 86 shares in the last quarter. My Legacy Advisors LLC raised its holdings in SPDR S&P Dividend ETF by 1.4% in the 3rd quarter. My Legacy Advisors LLC now owns 6,614 shares of the company’s stock worth $745,000 after purchasing an additional 93 shares during the period. GEM Asset Management LLC raised its holdings in SPDR S&P Dividend ETF by 2.6% in the 3rd quarter. GEM Asset Management LLC now owns 3,891 shares of the company’s stock worth $448,000 after purchasing an additional 99 shares during the period. Finally, Cardiff Park Advisors LLC lifted its position in SPDR S&P Dividend ETF by 43.9% during the third quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock valued at $38,000 after purchasing an additional 100 shares in the last quarter.

SPDR S&P Dividend ETF Stock Up 0.7 %

Shares of SDY opened at $127.72 on Tuesday. The business has a 50-day simple moving average of $127.20 and a two-hundred day simple moving average of $122.45. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $131.67. The stock has a market cap of $20.31 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73.

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.