Activest Wealth Management Purchases 495 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Activest Wealth Management lifted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 85.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,074 shares of the company’s stock after buying an additional 495 shares during the quarter. Activest Wealth Management’s holdings in SPDR S&P Dividend ETF were worth $142,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Coston McIsaac & Partners grew its position in shares of SPDR S&P Dividend ETF by 0.5% during the 3rd quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock valued at $2,058,000 after purchasing an additional 72 shares in the last quarter. Marshall Financial Group LLC boosted its stake in SPDR S&P Dividend ETF by 3.7% during the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock valued at $290,000 after buying an additional 73 shares during the period. Roger Wittlin Investment Advisory LLC grew its position in SPDR S&P Dividend ETF by 0.6% during the third 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. M3 Advisory Group LLC increased its stake in 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 worth $519,000 after acquiring an additional 76 shares during the last quarter. Finally, N.E.W. Advisory Services LLC raised its holdings in shares of SPDR S&P Dividend ETF by 1.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock valued at $914,000 after acquiring an additional 76 shares in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.5 %

Shares of SDY opened at $132.90 on Monday. SPDR S&P Dividend ETF has a 12-month low of $121.52 and a 12-month high of $144.45. The company has a market cap of $21.02 billion, a PE ratio of 19.72 and a beta of 0.68. The stock has a 50-day moving average price of $134.52 and a 200-day moving average price of $137.49.

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.