Apriem Advisors Acquires Shares of 1,965 SPDR S&P Dividend ETF (NYSEARCA:SDY)

Apriem Advisors bought a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,965 shares of the company’s stock, valued at approximately $260,000.

A number of other large investors have also recently modified their holdings of the business. Avion Wealth grew its holdings in shares of SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after purchasing an additional 125 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in SPDR S&P Dividend ETF in the third quarter valued at approximately $31,000. Kestra Investment Management LLC bought a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth $31,000. JNBA Financial Advisors acquired a new position in shares of SPDR S&P Dividend ETF during the third quarter worth $32,000. Finally, Assetmark Inc. lifted its stake in shares of SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares during the last quarter.

SPDR S&P Dividend ETF Stock Down 0.2 %

NYSEARCA SDY opened at $136.47 on Friday. The company has a market cap of $20.42 billion, a price-to-earnings ratio of 21.48 and a beta of 0.88. SPDR S&P Dividend ETF has a twelve month low of $124.37 and a twelve month high of $144.45. The business’s fifty day moving average is $133.60 and its 200 day moving average is $137.67.

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.