SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by Avion Wealth

Avion Wealth lifted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 164.5% during the 4th quarter, Holdings Channel reports. The fund owned 201 shares of the company’s stock after buying an additional 125 shares during the quarter. Avion Wealth’s holdings in SPDR S&P Dividend ETF were worth $26,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SDY. Capital Performance Advisors LLP acquired a new position in SPDR S&P Dividend ETF in the third quarter valued at approximately $31,000. JNBA Financial Advisors purchased a new stake in SPDR S&P Dividend ETF in the third quarter valued at $32,000. Assetmark Inc. lifted its stake in shares of SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its holdings in shares of SPDR S&P Dividend ETF by 113.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after purchasing an additional 140 shares during the period. Finally, ST Germain D J Co. Inc. purchased a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth $38,000.

SPDR S&P Dividend ETF Trading Down 0.7 %

Shares of SDY opened at $133.51 on Thursday. The company’s 50-day moving average price is $134.17 and its 200 day moving average price is $137.54. SPDR S&P Dividend ETF has a 12-month low of $121.52 and a 12-month high of $144.45. The firm has a market cap of $21.12 billion, a P/E ratio of 19.72 and a beta of 0.68.

SPDR S&P Dividend ETF Company 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.