SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Bought by Mine & Arao Wealth Creation & Management LLC.

Mine & Arao Wealth Creation & Management LLC. boosted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 36,277 shares of the company’s stock after buying an additional 2,828 shares during the quarter. SPDR S&P Dividend ETF makes up about 2.2% of Mine & Arao Wealth Creation & Management LLC.’s portfolio, making the stock its 9th biggest position. Mine & Arao Wealth Creation & Management LLC.’s holdings in SPDR S&P Dividend ETF were worth $4,792,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF during the 2nd quarter worth approximately $10,044,000. Park Avenue Securities LLC grew its position in shares of SPDR S&P Dividend ETF by 15.6% in the 3rd quarter. Park Avenue Securities LLC now owns 7,782 shares of the company’s stock valued at $1,105,000 after acquiring an additional 1,052 shares during the period. Goelzer Investment Management Inc. acquired a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth about $211,000. Seneca House Advisors bought a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at about $223,000. Finally, GAMMA Investing LLC lifted its stake in SPDR S&P Dividend ETF by 23.4% in the 3rd quarter. GAMMA Investing LLC now owns 2,326 shares of the company’s stock valued at $330,000 after purchasing an additional 441 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $135.23 on Friday. The stock has a 50-day simple moving average of $135.80 and a 200 day simple moving average of $137.39. The stock has a market capitalization of $21.39 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52 week low of $121.52 and a 52 week high of $144.45.

SPDR S&P Dividend ETF 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.