NWF Advisory Services Inc. Has $25.98 Million Stock Holdings in SPDR S&P Dividend ETF $SDY

NWF Advisory Services Inc. cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 178,029 shares of the company’s stock after selling 4,401 shares during the period. SPDR S&P Dividend ETF comprises approximately 2.9% of NWF Advisory Services Inc.’s investment portfolio, making the stock its 5th biggest holding. NWF Advisory Services Inc. owned approximately 0.12% of SPDR S&P Dividend ETF worth $25,981,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SDY. Park National Corp OH bought a new position in SPDR S&P Dividend ETF in the first quarter valued at $28,000. Delos Wealth Advisors LLC bought a new stake in SPDR S&P Dividend ETF during the 3rd quarter worth about $29,000. Ankerstar Wealth LLC bought a new stake in SPDR S&P Dividend ETF during the 4th quarter worth about $33,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth about $34,000. Finally, MBM Wealth Consultants LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 1st quarter worth about $34,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $154.57 on Tuesday. The stock has a market capitalization of $21.72 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. The business has a 50-day moving average of $150.57 and a 200-day moving average of $148.93. SPDR S&P Dividend ETF has a fifty-two week low of $135.30 and a fifty-two week high of $156.82.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.