Noble Wealth Management PBC Invests $32,000 in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Noble Wealth Management PBC bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 241 shares of the company’s stock, valued at approximately $32,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. US Bancorp DE increased its holdings in SPDR S&P Dividend ETF by 2.5% in the 4th quarter. US Bancorp DE now owns 78,891 shares of the company’s stock valued at $10,422,000 after purchasing an additional 1,921 shares during the last quarter. Noesis Capital Mangement Corp increased its holdings in SPDR S&P Dividend ETF by 2.6% in the 4th quarter. Noesis Capital Mangement Corp now owns 7,824 shares of the company’s stock valued at $1,034,000 after purchasing an additional 200 shares during the last quarter. SVB Wealth LLC acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at approximately $2,327,000. Flputnam Investment Management Co. increased its holdings in SPDR S&P Dividend ETF by 12.7% in the 4th quarter. Flputnam Investment Management Co. now owns 15,620 shares of the company’s stock valued at $2,063,000 after purchasing an additional 1,763 shares during the last quarter. Finally, Veridan Wealth LLC acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at approximately $391,000.

SPDR S&P Dividend ETF Stock Up 1.3 %

Shares of SDY stock opened at $138.29 on Monday. SPDR S&P Dividend ETF has a 52 week low of $124.37 and a 52 week high of $144.45. The stock has a market capitalization of $20.69 billion, a PE ratio of 21.48 and a beta of 0.88. The firm has a 50 day moving average of $133.71 and a two-hundred day moving average of $137.77.

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.