WESPAC Advisors LLC Grows Holdings in SPDR S&P Dividend ETF $SDY

WESPAC Advisors LLC increased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 293.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,343 shares of the company’s stock after purchasing an additional 10,702 shares during the period. SPDR S&P Dividend ETF accounts for 1.1% of WESPAC Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. WESPAC Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $1,996,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. CVA Family Office LLC increased its position in SPDR S&P Dividend ETF by 60.0% in the 3rd quarter. CVA Family Office LLC now owns 200 shares of the company’s stock valued at $28,000 after acquiring an additional 75 shares during the period. Flagship Wealth Advisors LLC lifted its position in SPDR S&P Dividend ETF by 625.0% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after acquiring an additional 175 shares during the period. Compass Financial Services Inc acquired a new stake in SPDR S&P Dividend ETF during the 3rd quarter worth approximately $29,000. Delos Wealth Advisors LLC purchased a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $29,000. Finally, Global Wealth Strategies & Associates grew its stake in shares of SPDR S&P Dividend ETF by 985.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock valued at $30,000 after purchasing an additional 197 shares during the last quarter. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $144.41 on Monday. The stock has a market capitalization of $20.48 billion, a P/E ratio of 19.85 and a beta of 0.79. The company’s fifty day moving average is $150.45 and its two-hundred day moving average is $143.50. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $156.39.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.