Citizens Financial Group Inc. RI Purchases 10,107 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Citizens Financial Group Inc. RI boosted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 269.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,859 shares of the company’s stock after acquiring an additional 10,107 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in SPDR S&P Dividend ETF were worth $1,763,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Great Valley Advisor Group Inc. grew its stake in shares of SPDR S&P Dividend ETF by 0.8% in the second quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock valued at $1,204,000 after acquiring an additional 77 shares in the last quarter. Vantage Financial Partners LLC grew its stake in shares of SPDR S&P Dividend ETF by 2.3% in the second quarter. Vantage Financial Partners LLC now owns 3,584 shares of the company’s stock valued at $456,000 after acquiring an additional 80 shares in the last quarter. Roger Wittlin Investment Advisory LLC grew its stake in shares of SPDR S&P Dividend ETF by 0.7% in the second quarter. Roger Wittlin Investment Advisory LLC now owns 13,027 shares of the company’s stock valued at $1,657,000 after acquiring an additional 87 shares in the last quarter. Coldstream Capital Management Inc. grew its stake in shares of SPDR S&P Dividend ETF by 1.6% in the second quarter. Coldstream Capital Management Inc. now owns 5,863 shares of the company’s stock valued at $746,000 after acquiring an additional 90 shares in the last quarter. Finally, Ancora Advisors LLC grew its stake in SPDR S&P Dividend ETF by 0.9% during the first quarter. Ancora Advisors LLC now owns 10,511 shares of the company’s stock worth $1,379,000 after buying an additional 91 shares in the last quarter.

SPDR S&P Dividend ETF Stock Up 0.7 %

Shares of SPDR S&P Dividend ETF stock opened at $141.24 on Tuesday. The company has a market capitalization of $22.34 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $141.52. The firm’s 50-day moving average price is $135.07 and its two-hundred day moving average price is $130.87.

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.