Ancora Advisors LLC Purchases 91 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Ancora Advisors LLC increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,511 shares of the company’s stock after purchasing an additional 91 shares during the period. Ancora Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $1,379,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Frazier Financial Advisors LLC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $27,000. Friedenthal Financial bought a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $29,000. Riggs Asset Managment Co. Inc. grew its position in SPDR S&P Dividend ETF by 76.8% in the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock valued at $29,000 after acquiring an additional 96 shares during the period. Scarborough Advisors LLC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $30,000. Finally, Farmers & Merchants Investments Inc. bought a new stake in SPDR S&P Dividend ETF in the first quarter valued at $33,000.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $134.83 on Thursday. The firm has a market cap of $21.33 billion, a P/E ratio of 19.72 and a beta of 0.68. The business’s fifty day moving average is $129.42 and its two-hundred day moving average is $127.86. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $135.74.

SPDR S&P Dividend ETF 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.