Thrivent Financial for Lutherans Acquires 1,204 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Thrivent Financial for Lutherans lifted its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,883 shares of the company’s stock after acquiring an additional 1,204 shares during the period. Thrivent Financial for Lutherans’ holdings in SPDR S&P Dividend ETF were worth $3,037,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Pathstone Holdings LLC bought a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at $94,819,000. Cetera Investment Advisers boosted its stake in SPDR S&P Dividend ETF by 283.2% during the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after buying an additional 509,007 shares during the last quarter. Legacy Financial Group LLC grew its holdings in SPDR S&P Dividend ETF by 1,574.9% during the 1st quarter. Legacy Financial Group LLC now owns 393,594 shares of the company’s stock valued at $51,655,000 after buying an additional 370,094 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of SPDR S&P Dividend ETF by 114.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock worth $46,221,000 after acquiring an additional 194,290 shares in the last quarter. Finally, Argent Capital Management LLC bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at approximately $15,142,000.

SPDR S&P Dividend ETF Stock Performance

SDY stock opened at $141.69 on Monday. The firm has a market cap of $22.42 billion, a PE ratio of 19.72 and a beta of 0.68. The firm has a fifty day moving average price of $136.96 and a 200 day moving average price of $131.71. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $142.62.

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.