Mine & Arao Wealth Creation & Management LLC. Grows Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Mine & Arao Wealth Creation & Management LLC. increased its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 11.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,449 shares of the company’s stock after buying an additional 3,354 shares during the quarter. SPDR S&P Dividend ETF accounts for about 2.2% of Mine & Arao Wealth Creation & Management LLC.’s investment portfolio, making the stock its 9th largest position. Mine & Arao Wealth Creation & Management LLC.’s holdings in SPDR S&P Dividend ETF were worth $4,751,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 25.3% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 44,892 shares of the company’s stock worth $5,892,000 after purchasing an additional 9,055 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in SPDR S&P Dividend ETF by 0.8% during the first quarter. Oppenheimer & Co. Inc. now owns 47,921 shares of the company’s stock worth $6,289,000 after buying an additional 384 shares during the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of SPDR S&P Dividend ETF during the first quarter worth approximately $42,000. Russell Investments Group Ltd. raised its stake in shares of SPDR S&P Dividend ETF by 101.6% in the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after acquiring an additional 127 shares during the last quarter. Finally, Addison Capital Co boosted its holdings in shares of SPDR S&P Dividend ETF by 21.6% in the 1st quarter. Addison Capital Co now owns 4,543 shares of the company’s stock worth $596,000 after acquiring an additional 806 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $140.64 on Friday. The stock’s 50 day simple moving average is $140.45 and its 200 day simple moving average is $134.14. SPDR S&P Dividend ETF has a one year low of $113.20 and a one year high of $144.06. The firm has a market cap of $22.25 billion, a PE ratio of 19.72 and a beta of 0.68.

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.