Benjamin F. Edwards & Company Inc. Buys 1,669 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Benjamin F. Edwards & Company Inc. lifted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,512 shares of the company’s stock after buying an additional 1,669 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in SPDR S&P Dividend ETF were worth $2,313,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fisher Asset Management LLC purchased a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at about $406,000. Howe & Rusling Inc. acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at approximately $130,000. Mine & Arao Wealth Creation & Management LLC. raised its stake in shares of SPDR S&P Dividend ETF by 6.4% during the 4th quarter. Mine & Arao Wealth Creation & Management LLC. now owns 26,408 shares of the company’s stock valued at $3,300,000 after buying an additional 1,589 shares during the last quarter. Berry Wealth Group LP acquired a new position in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $870,000. Finally, Brighton Jones LLC grew its stake in shares of SPDR S&P Dividend ETF by 11.1% during the 4th quarter. Brighton Jones LLC now owns 18,121 shares of the company’s stock worth $2,265,000 after purchasing an additional 1,810 shares during the period.

SPDR S&P Dividend ETF Price Performance

SDY opened at $128.60 on Friday. The firm has a fifty day moving average price of $127.86 and a 200 day moving average price of $123.19. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $131.67. The stock has a market cap of $20.34 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.