SPDR S&P Dividend ETF $SDY Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 15.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 253,134 shares of the company’s stock after purchasing an additional 33,431 shares during the period. Kestra Advisory Services LLC’s holdings in SPDR S&P Dividend ETF were worth $36,942,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. World Investment Advisors grew its stake in SPDR S&P Dividend ETF by 9.2% during the 4th quarter. World Investment Advisors now owns 80,205 shares of the company’s stock valued at $11,161,000 after acquiring an additional 6,744 shares in the last quarter. Dara Capital US Inc. acquired a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $509,000. Coldstream Capital Management Inc. grew its position in SPDR S&P Dividend ETF by 126.6% during the third quarter. Coldstream Capital Management Inc. now owns 223,525 shares of the company’s stock valued at $31,305,000 after purchasing an additional 124,864 shares in the last quarter. M&T Bank Corp grew its position in SPDR S&P Dividend ETF by 8.0% during the fourth quarter. M&T Bank Corp now owns 97,976 shares of the company’s stock valued at $13,634,000 after purchasing an additional 7,228 shares in the last quarter. Finally, Ticino Wealth acquired a new position in SPDR S&P Dividend ETF in the 4th quarter valued at approximately $602,000. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Trading Up 0.8%

SDY stock traded up $1.23 during midday trading on Friday, reaching $154.36. The company had a trading volume of 174,951 shares, compared to its average volume of 258,363. The company has a 50 day moving average of $150.48 and a two-hundred day moving average of $148.76. The company has a market capitalization of $21.70 billion, a P/E ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 1 year low of $135.30 and a 1 year high of $156.82.

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.