SPDR S&P Dividend ETF (NYSEARCA:SDY) Stock Holdings Lifted by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC increased its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,568 shares of the company’s stock after buying an additional 1,425 shares during the quarter. SPDR S&P Dividend ETF accounts for 3.0% of Capstone Wealth Management Group LLC’s investment portfolio, making the stock its 9th largest holding. Capstone Wealth Management Group LLC’s holdings in SPDR S&P Dividend ETF were worth $4,651,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Frazier Financial Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth $27,000. Riggs Asset Managment Co. Inc. boosted its holdings in SPDR S&P Dividend ETF by 76.8% during the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after purchasing an additional 96 shares during the last quarter. Scarborough Advisors LLC bought a new stake in SPDR S&P Dividend ETF in the 4th quarter worth about $30,000. Farmers & Merchants Investments Inc. purchased a new stake in SPDR S&P Dividend ETF in the 1st quarter valued at about $33,000. Finally, Russell Investments Group Ltd. increased its stake in SPDR S&P Dividend ETF by 101.6% in the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after buying an additional 127 shares during the last quarter.

SPDR S&P Dividend ETF Stock Up 0.7 %

SPDR S&P Dividend ETF stock opened at $141.24 on Tuesday. The stock has a market cap of $22.34 billion, a P/E ratio of 19.72 and a beta of 0.68. The company’s 50 day moving average price is $135.07 and its two-hundred day moving average price is $130.87. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $141.52.

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.