Denver Wealth Management Inc. Acquires 524 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Denver Wealth Management Inc. lifted its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,890 shares of the company’s stock after buying an additional 524 shares during the quarter. SPDR S&P Dividend ETF comprises 1.9% of Denver Wealth Management Inc.’s portfolio, making the stock its 13th biggest holding. Denver Wealth Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $4,213,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SDY. Coston McIsaac & Partners raised its stake in shares of SPDR S&P Dividend ETF by 0.5% in the third quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after acquiring an additional 72 shares during the last quarter. Marshall Financial Group LLC increased its holdings in shares of SPDR S&P Dividend ETF by 3.7% in the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock valued at $290,000 after purchasing an additional 73 shares in the last quarter. Roger Wittlin Investment Advisory LLC lifted its holdings in SPDR S&P Dividend ETF by 0.6% during the 3rd quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock worth $1,861,000 after buying an additional 73 shares in the last quarter. WealthBridge Capital Management LLC boosted its position in SPDR S&P Dividend ETF by 1.8% in the 3rd quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock valued at $595,000 after buying an additional 75 shares during the last quarter. Finally, M3 Advisory Group LLC increased its stake in shares of SPDR S&P Dividend ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock valued at $519,000 after buying an additional 76 shares during the period.

SPDR S&P Dividend ETF Stock Down 1.3 %

SDY stock opened at $134.50 on Wednesday. The business has a fifty day moving average of $136.02 and a 200-day moving average of $137.39. The company has a market cap of $21.28 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45.

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.