SPDR S&P Dividend ETF $SDY Shares Bought by Wealthspire Retirement LLC

Wealthspire Retirement LLC raised its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 14.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,445 shares of the company’s stock after buying an additional 8,867 shares during the quarter. Wealthspire Retirement LLC’s holdings in SPDR S&P Dividend ETF were worth $10,427,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Park National Corp OH purchased a new position in shares of SPDR S&P Dividend ETF in the first quarter worth about $28,000. Ankerstar Wealth LLC purchased a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at about $33,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at about $34,000. MBM Wealth Consultants LLC acquired a new stake in SPDR S&P Dividend ETF in the 1st quarter valued at about $34,000. Finally, Syntax Research Inc. acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at about $35,000. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

SDY opened at $154.32 on Thursday. The company’s 50 day simple moving average is $151.40 and its two-hundred day simple moving average is $149.62. SPDR S&P Dividend ETF has a 1-year low of $135.30 and a 1-year high of $157.66. The firm has a market capitalization of $21.67 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69.

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.