SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Purchased by Long Run Wealth Advisors LLC

Long Run Wealth Advisors LLC grew its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 14,364 shares of the company’s stock after purchasing an additional 86 shares during the quarter. Long Run Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $1,897,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in shares of SPDR S&P Dividend ETF during the third quarter valued at about $31,000. JNBA Financial Advisors purchased a new stake in SPDR S&P Dividend ETF in the third quarter valued at approximately $32,000. Assetmark Inc. boosted its position in SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after buying an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL boosted its position in SPDR S&P Dividend ETF by 113.8% in the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after buying an additional 140 shares during the last quarter. Finally, ST Germain D J Co. Inc. purchased a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $38,000.

SPDR S&P Dividend ETF Stock Up 0.4 %

Shares of NYSEARCA SDY opened at $134.21 on Thursday. The business’s 50 day moving average price is $135.13 and its 200 day moving average price is $137.49. The firm has a market cap of $21.23 billion, a P/E ratio of 19.72 and a beta of 0.68. 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.