RWA Wealth Partners LLC Boosts Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

RWA Wealth Partners LLC boosted its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 162.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,976 shares of the company’s stock after acquiring an additional 4,941 shares during the period. RWA Wealth Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $997,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SDY. International Assets Investment Management LLC increased its holdings in SPDR S&P Dividend ETF by 10,945.4% in the fourth quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock valued at $141,774,000 after buying an additional 1,124,197 shares during the last quarter. Pathstone Family Office LLC increased its holdings in SPDR S&P Dividend ETF by 4,360.9% in the third quarter. Pathstone Family Office LLC now owns 801,808 shares of the company’s stock valued at $92,216,000 after buying an additional 783,834 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC increased its holdings in SPDR S&P Dividend ETF by 18.6% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,478,260 shares of the company’s stock valued at $170,015,000 after buying an additional 231,382 shares during the last quarter. Comerica Bank purchased a new position in SPDR S&P Dividend ETF in the third quarter valued at $17,485,000. Finally, Creative Planning increased its holdings in SPDR S&P Dividend ETF by 14.5% in the third quarter. Creative Planning now owns 525,915 shares of the company’s stock valued at $60,485,000 after buying an additional 66,745 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

NYSEARCA:SDY opened at $128.45 on Thursday. The firm has a market capitalization of $20.43 billion, a PE ratio of 19.41 and a beta of 0.73. The business’s fifty day moving average price is $127.42 and its 200 day moving average price is $122.59. 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

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.