Koenig Investment Advisory LLC Purchases 5,263 Shares of SPDR S&P Dividend ETF $SDY

Koenig Investment Advisory LLC lifted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 57,642 shares of the company’s stock after purchasing an additional 5,263 shares during the quarter. SPDR S&P Dividend ETF comprises about 5.8% of Koenig Investment Advisory LLC’s holdings, making the stock its 9th biggest holding. Koenig Investment Advisory LLC’s holdings in SPDR S&P Dividend ETF were worth $8,443,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SDY. Godsey & Gibb Inc. raised its stake in SPDR S&P Dividend ETF by 4.0% during the first quarter. Godsey & Gibb Inc. now owns 1,838 shares of the company’s stock worth $268,000 after purchasing an additional 70 shares during the period. Ritholtz Wealth Management increased its holdings in shares of SPDR S&P Dividend ETF by 1.3% during the 1st quarter. Ritholtz Wealth Management now owns 5,534 shares of the company’s stock worth $808,000 after buying an additional 71 shares during the last quarter. Bangor Savings Bank increased its holdings in shares of SPDR S&P Dividend ETF by 5.6% during the 2nd quarter. Bangor Savings Bank now owns 1,481 shares of the company’s stock worth $225,000 after buying an additional 79 shares during the last quarter. Pittenger & Anderson Inc. raised its position in shares of SPDR S&P Dividend ETF by 3.9% during the 1st quarter. Pittenger & Anderson Inc. now owns 2,136 shares of the company’s stock valued at $312,000 after buying an additional 80 shares during the period. Finally, RFG Bristol Wealth Advisors LLC raised its position in shares of SPDR S&P Dividend ETF by 5.6% during the 1st quarter. RFG Bristol Wealth Advisors LLC now owns 1,589 shares of the company’s stock valued at $232,000 after buying an additional 84 shares during the period. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Trading Down 0.3%

SPDR S&P Dividend ETF stock traded down $0.42 during mid-day trading on Friday, hitting $148.94. The company’s stock had a trading volume of 120,213 shares, compared to its average volume of 236,551. The firm has a market capitalization of $20.71 billion, a PE ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 1 year low of $135.30 and a 1 year high of $160.29. The stock’s fifty day moving average is $153.96 and its two-hundred day moving average is $151.45.

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