Brighton Jones LLC Acquires 529 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Brighton Jones LLC raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.0% during the second quarter, HoldingsChannel.com reports. The fund owned 18,192 shares of the company’s stock after purchasing an additional 529 shares during the period. Brighton Jones LLC’s holdings in SPDR S&P Dividend ETF were worth $2,314,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. WCG Wealth Advisors LLC grew its position in SPDR S&P Dividend ETF by 0.8% in the second quarter. WCG Wealth Advisors LLC now owns 10,357 shares of the company’s stock valued at $1,317,000 after acquiring an additional 83 shares during the last quarter. LJI Wealth Management LLC bought a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth about $446,000. SkyOak Wealth LLC grew its holdings in shares of SPDR S&P Dividend ETF by 26.8% during the second quarter. SkyOak Wealth LLC now owns 2,785 shares of the company’s stock worth $354,000 after purchasing an additional 588 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of SPDR S&P Dividend ETF by 3.2% during the second quarter. Mercer Global Advisors Inc. ADV now owns 104,273 shares of the company’s stock worth $12,362,000 after purchasing an additional 3,261 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its holdings in shares of SPDR S&P Dividend ETF by 10.6% during the second quarter. Axxcess Wealth Management LLC now owns 18,381 shares of the company’s stock worth $2,338,000 after purchasing an additional 1,757 shares during the last quarter.

SPDR S&P Dividend ETF Trading Down 0.2 %

NYSEARCA:SDY opened at $140.03 on Friday. The stock has a market cap of $22.15 billion, a P/E ratio of 19.72 and a beta of 0.68. The stock’s 50-day moving average is $136.06 and its 200-day moving average is $131.20. SPDR S&P Dividend ETF has a 1-year low of $109.87 and a 1-year high of $142.14.

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.