TFB Advisors LLC Purchases 114 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

TFB Advisors LLC raised its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 2,207 shares of the company’s stock after acquiring an additional 114 shares during the period. TFB Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $313,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Mainstream Capital Management LLC acquired a new stake in SPDR S&P Dividend ETF in the 3rd quarter valued at $350,000. Woodmont Investment Counsel LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at about $368,000. Financial Services Advisory Inc bought a new position in SPDR S&P Dividend ETF in the third quarter valued at approximately $768,000. Advisor Resource Council acquired a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth approximately $1,010,000. Finally, Trademark Financial Management LLC bought a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth approximately $851,000.

SPDR S&P Dividend ETF Trading Up 0.6 %

Shares of SDY opened at $141.55 on Friday. The company’s fifty day simple moving average is $140.52 and its 200 day simple moving average is $134.28. SPDR S&P Dividend ETF has a 1-year low of $113.20 and a 1-year high of $144.06. The company has a market cap of $22.39 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.