Broadleaf Partners LLC Has $301,000 Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Broadleaf Partners LLC lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 11.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,280 shares of the company’s stock after selling 300 shares during the quarter. Broadleaf Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $301,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. M&T Bank Corp boosted its stake in SPDR S&P Dividend ETF by 2.0% during the third quarter. M&T Bank Corp now owns 55,010 shares of the company’s stock worth $7,814,000 after buying an additional 1,068 shares in the last quarter. Westside Investment Management Inc. increased its stake in SPDR S&P Dividend ETF by 1.3% in the third quarter. Westside Investment Management Inc. now owns 33,107 shares of the company’s stock valued at $4,703,000 after acquiring an additional 435 shares during the period. World Investment Advisors LLC raised its position in SPDR S&P Dividend ETF by 418.3% in the third quarter. World Investment Advisors LLC now owns 25,703 shares of the company’s stock worth $3,651,000 after purchasing an additional 20,744 shares in the last quarter. Destination Wealth Management raised its position in SPDR S&P Dividend ETF by 0.3% in the third quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock worth $99,488,000 after purchasing an additional 2,366 shares in the last quarter. Finally, Synovus Financial Corp lifted its stake in SPDR S&P Dividend ETF by 88.6% during the third quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock worth $12,723,000 after purchasing an additional 42,078 shares during the period.

SPDR S&P Dividend ETF Trading Up 1.1 %

SDY stock opened at $129.43 on Friday. SPDR S&P Dividend ETF has a 1-year low of $119.83 and a 1-year high of $144.45. The business’s 50 day moving average is $133.44 and its 200-day moving average is $136.14. The firm has a market cap of $19.21 billion, a P/E ratio of 20.96 and a beta of 0.80.

SPDR S&P Dividend ETF 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.