Beacon Financial Advisory LLC Takes Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Beacon Financial Advisory LLC acquired a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report) during the fourth quarter, Holdings Channel.com reports. The fund acquired 1,970 shares of the company’s stock, valued at approximately $246,000.

A number of other institutional investors have also added to or reduced their stakes in SDY. Moneta Group Investment Advisors LLC lifted its holdings in SPDR S&P Dividend ETF by 103,758.7% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 355,848,925 shares of the company’s stock worth $44,520,259,000 after purchasing an additional 355,506,297 shares in the last quarter. Pathstone Family Office LLC lifted its holdings in SPDR S&P Dividend ETF by 4,360.9% during the 3rd quarter. Pathstone Family Office LLC now owns 801,808 shares of the company’s stock worth $92,216,000 after purchasing an additional 783,834 shares in the last quarter. Capital Investment Advisors LLC bought a new position in SPDR S&P Dividend ETF in the 3rd quarter worth about $67,962,000. Orion Portfolio Solutions LLC increased its stake in SPDR S&P Dividend ETF by 2,649.5% in the 2nd quarter. Orion Portfolio Solutions LLC now owns 355,917 shares of the company’s stock worth $43,628,000 after acquiring an additional 342,972 shares during the last quarter. Finally, Mariner LLC increased its stake in SPDR S&P Dividend ETF by 238.2% in the 4th quarter. Mariner LLC now owns 412,943 shares of the company’s stock worth $51,753,000 after acquiring an additional 290,837 shares during the last quarter.

SPDR S&P Dividend ETF Trading Down 0.6 %

Shares of SPDR S&P Dividend ETF stock opened at $129.92 on Wednesday. The firm has a market capitalization of $23.13 billion, a PE ratio of 14.72 and a beta of 0.86. The business’s 50-day moving average price is $126.05 and its 200-day moving average price is $121.26. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $131.67.

About SPDR S&P Dividend ETF

(Free Report)

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.

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

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