Vestmark Advisory Solutions Inc. Grows Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Vestmark Advisory Solutions Inc. boosted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 33.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,098 shares of the company’s stock after purchasing an additional 778 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in SPDR S&P Dividend ETF were worth $409,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SDY. Avion Wealth grew its position in SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares during the last quarter. Capital Performance Advisors LLP purchased a new stake in SPDR S&P Dividend ETF during the 3rd quarter worth approximately $31,000. Kestra Investment Management LLC purchased a new stake in SPDR S&P Dividend ETF during the 4th quarter worth approximately $31,000. Noble Wealth Management PBC purchased a new stake in SPDR S&P Dividend ETF during the 4th quarter worth approximately $32,000. Finally, Assetmark Inc. grew its position in SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the last quarter.

SPDR S&P Dividend ETF Trading Up 1.6 %

NYSEARCA:SDY opened at $138.67 on Friday. The company has a market cap of $20.75 billion, a PE 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 company’s 50 day moving average is $134.10 and its two-hundred day moving average is $137.80.

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.