Cetera Advisor Networks LLC increased its position in shares of SPDR S&P Dividend (NYSEARCA:SDY) by 5.7% during the 4th quarter, Holdings Channel reports. The firm owned 63,127 shares of the company’s stock after purchasing an additional 3,411 shares during the period. Cetera Advisor Networks LLC’s holdings in SPDR S&P Dividend were worth $5,962,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Stonehearth Capital Management LLC acquired a new stake in SPDR S&P Dividend in the fourth quarter worth $100,000. Reilly Financial Advisors LLC increased its position in SPDR S&P Dividend by 898.0% in the fourth quarter. Reilly Financial Advisors LLC now owns 1,996 shares of the company’s stock worth $189,000 after buying an additional 1,796 shares during the period. FinTrust Investment Advisory Services LLC acquired a new stake in SPDR S&P Dividend in the fourth quarter worth $201,000. Roundview Capital LLC acquired a new stake in SPDR S&P Dividend in the fourth quarter worth $201,000. Finally, Bedel Financial Consulting Inc. acquired a new stake in SPDR S&P Dividend in the fourth quarter worth $203,000.

Shares of SPDR S&P Dividend (SDY) opened at $91.38 on Wednesday. SPDR S&P Dividend has a 52-week low of $86.38 and a 52-week high of $98.29. The firm has a market capitalization of $15,620.00 and a price-to-earnings ratio of 28.65.

COPYRIGHT VIOLATION WARNING: “SPDR S&P Dividend (SDY) Shares Bought by Cetera Advisor Networks LLC” was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. & international trademark & copyright legislation. The original version of this piece can be read at https://www.thecerbatgem.com/2018/02/14/spdr-sp-dividend-sdy-shares-bought-by-cetera-advisor-networks-llc.html.

SPDR S&P Dividend 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.

Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend (NYSEARCA:SDY).

Institutional Ownership by Quarter for SPDR S&P Dividend (NYSEARCA:SDY)

Receive News & Ratings for SPDR S&P Dividend Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Dividend and related companies with MarketBeat.com's FREE daily email newsletter.