SPDR S&P Dividend ETF $SDY Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 40.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 16,879 shares of the company’s stock after purchasing an additional 4,821 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $2,463,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Godsey & Gibb Inc. boosted its stake in shares of SPDR S&P Dividend ETF by 4.0% during the 1st quarter. Godsey & Gibb Inc. now owns 1,838 shares of the company’s stock valued at $268,000 after buying an additional 70 shares during the last quarter. Ritholtz Wealth Management increased its stake in shares of SPDR S&P Dividend ETF by 1.3% in the first quarter. Ritholtz Wealth Management now owns 5,534 shares of the company’s stock worth $808,000 after buying an additional 71 shares during the last quarter. Golden State Wealth Management LLC increased its stake in shares of SPDR S&P Dividend ETF by 0.8% in the fourth quarter. Golden State Wealth Management LLC now owns 8,619 shares of the company’s stock worth $1,199,000 after buying an additional 71 shares during the last quarter. Keel Point LLC raised its holdings in SPDR S&P Dividend ETF by 2.2% in the third quarter. Keel Point LLC now owns 3,499 shares of the company’s stock valued at $490,000 after acquiring an additional 76 shares in the last quarter. Finally, Trust Co. of Vermont raised its holdings in SPDR S&P Dividend ETF by 0.7% in the fourth quarter. Trust Co. of Vermont now owns 10,830 shares of the company’s stock valued at $1,507,000 after acquiring an additional 80 shares in the last quarter. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $153.55 on Thursday. SPDR S&P Dividend ETF has a 12 month low of $135.30 and a 12 month high of $156.82. The company has a market capitalization of $21.59 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. The company’s fifty day moving average price is $150.26 and its two-hundred day moving average price is $148.64.

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