SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC boosted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 30.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,280 shares of the company’s stock after acquiring an additional 1,719 shares during the quarter. Arete Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $961,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Chevy Chase Trust Holdings LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $207,000. Integrated Wealth Concepts LLC grew its stake in shares of SPDR S&P Dividend ETF by 0.8% during the third quarter. Integrated Wealth Concepts LLC now owns 23,525 shares of the company’s stock worth $3,342,000 after purchasing an additional 188 shares in the last quarter. Stifel Financial Corp increased its holdings in SPDR S&P Dividend ETF by 4.6% in the third quarter. Stifel Financial Corp now owns 217,159 shares of the company’s stock valued at $30,846,000 after buying an additional 9,594 shares during the last quarter. Kovitz Investment Group Partners LLC raised its stake in SPDR S&P Dividend ETF by 281.2% in the third quarter. Kovitz Investment Group Partners LLC now owns 20,920 shares of the company’s stock valued at $2,797,000 after buying an additional 15,432 shares in the last quarter. Finally, Drucker Wealth 3.0 LLC lifted its holdings in SPDR S&P Dividend ETF by 0.8% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 19,041 shares of the company’s stock worth $2,705,000 after buying an additional 142 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $125.88 on Friday. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year high of $144.45. The stock has a market cap of $18.69 billion, a P/E ratio of 20.96 and a beta of 0.80. The stock has a 50-day simple moving average of $135.08 and a 200-day simple moving average of $137.20.

SPDR S&P Dividend ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were paid a $0.8184 dividend. The ex-dividend date was Monday, March 24th.

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.