Fifth Third Wealth Advisors LLC Raises Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Fifth Third Wealth Advisors LLC boosted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,402 shares of the company’s stock after acquiring an additional 775 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $7,451,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of SDY. Prime Capital Investment Advisors LLC increased its stake in shares of SPDR S&P Dividend ETF by 3.9% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 30,814 shares of the company’s stock valued at $3,919,000 after purchasing an additional 1,162 shares in the last quarter. One Capital Management LLC boosted its stake in SPDR S&P Dividend ETF by 230.0% during the second quarter. One Capital Management LLC now owns 15,696 shares of the company’s stock worth $1,996,000 after buying an additional 10,940 shares during the last quarter. Citizens Financial Group Inc. RI grew its holdings in shares of SPDR S&P Dividend ETF by 269.4% in the second quarter. Citizens Financial Group Inc. RI now owns 13,859 shares of the company’s stock valued at $1,763,000 after purchasing an additional 10,107 shares during the period. Capstone Wealth Management Group LLC increased its holdings in shares of SPDR S&P Dividend ETF by 4.1% during the 2nd quarter. Capstone Wealth Management Group LLC now owns 36,568 shares of the company’s stock worth $4,651,000 after buying an additional 1,425 shares during the last quarter. Finally, Perennial Investment Advisors LLC lifted its stake in shares of SPDR S&P Dividend ETF by 2.0% in the 2nd quarter. Perennial Investment Advisors LLC now owns 33,293 shares of the company’s stock valued at $4,234,000 after purchasing an additional 667 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SDY stock opened at $131.09 on Wednesday. The company has a 50-day moving average of $137.25 and a two-hundred day moving average of $136.94. SPDR S&P Dividend ETF has a 1-year low of $121.52 and a 1-year high of $144.45. The firm has a market cap of $20.74 billion, a PE ratio of 19.72 and a beta of 0.68.

About SPDR S&P Dividend ETF

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.