Kaydan Wealth Management Inc. Raises Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Kaydan Wealth Management Inc. raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,055 shares of the company’s stock after purchasing an additional 98 shares during the quarter. Kaydan Wealth Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $668,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Key Client Fiduciary Advisors LLC grew its position in SPDR S&P Dividend ETF by 3.7% during the third quarter. Key Client Fiduciary Advisors LLC now owns 2,720 shares of the company’s stock valued at $386,000 after buying an additional 98 shares during the period. Franklin Resources Inc. grew its position in shares of SPDR S&P Dividend ETF by 2.2% during the 3rd quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock valued at $8,189,000 after acquiring an additional 1,222 shares during the period. CX Institutional increased its stake in shares of SPDR S&P Dividend ETF by 4.0% during the 3rd quarter. CX Institutional now owns 66,854 shares of the company’s stock worth $9,496,000 after purchasing an additional 2,580 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in SPDR S&P Dividend ETF by 2.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 97,397 shares of the company’s stock valued at $12,387,000 after purchasing an additional 2,705 shares during the last quarter. Finally, FSA Wealth Management LLC bought a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at $3,488,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $133.77 on Monday. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45. The business has a 50-day moving average of $136.76 and a 200 day moving average of $137.00. The firm has a market cap of $21.16 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.