Robertson Stephens Wealth Management LLC Has $501,000 Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Robertson Stephens Wealth Management LLC grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,794 shares of the company’s stock after purchasing an additional 194 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $501,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Martin Capital Partners LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $402,000. Berkshire Money Management Inc. acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $339,000. GEN Financial Management INC. acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $794,000. Baltimore Washington Financial Advisors Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 7.0% during the 4th quarter. Baltimore Washington Financial Advisors Inc. now owns 157,333 shares of the company’s stock valued at $20,784,000 after acquiring an additional 10,341 shares during the last quarter. Finally, Financial Life Planners acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $54,000.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA SDY opened at $132.90 on Friday. The firm has a market cap of $21.02 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The business’s 50-day simple moving average is $134.74 and its 200-day simple moving average is $137.44. SPDR S&P Dividend ETF has a 52 week low of $121.52 and a 52 week high of $144.45.

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.