NWF Advisory Services Inc. Has $25.39 Million Stock Position in SPDR S&P Dividend ETF $SDY

NWF Advisory Services Inc. reduced its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 182,430 shares of the company’s stock after selling 3,687 shares during the period. SPDR S&P Dividend ETF accounts for about 2.8% of NWF Advisory Services Inc.’s investment portfolio, making the stock its 6th largest holding. NWF Advisory Services Inc.’s holdings in SPDR S&P Dividend ETF were worth $25,387,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of SDY. Golden State Wealth Management LLC grew its holdings in 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 purchasing an additional 71 shares during the period. Keel Point LLC increased its stake in shares of SPDR S&P Dividend ETF by 2.2% during the third quarter. Keel Point LLC now owns 3,499 shares of the company’s stock valued at $490,000 after purchasing an additional 76 shares in the last quarter. Trust Co. of Vermont lifted its holdings in shares of SPDR S&P Dividend ETF by 0.7% during the fourth quarter. Trust Co. of Vermont now owns 10,830 shares of the company’s stock valued at $1,507,000 after purchasing an additional 80 shares during the last quarter. Operose Advisors LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 8.1% during the fourth quarter. Operose Advisors LLC now owns 1,075 shares of the company’s stock valued at $150,000 after purchasing an additional 81 shares during the last quarter. Finally, Charles Schwab Trust Co boosted its position in shares of SPDR S&P Dividend ETF by 0.3% in the 4th quarter. Charles Schwab Trust Co now owns 29,980 shares of the company’s stock worth $4,172,000 after purchasing an additional 82 shares in the last quarter. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $150.50 on Friday. The stock has a market cap of $22.03 billion, a P/E ratio of 19.85 and a beta of 0.69. The business’s 50 day moving average price is $148.96 and its 200-day moving average price is $147.43. SPDR S&P Dividend ETF has a 52 week low of $132.89 and a 52 week 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.