Flagstar Advisors Inc. Has $1.31 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Flagstar Advisors Inc. boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,883 shares of the company’s stock after buying an additional 297 shares during the period. Flagstar Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,306,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Avion Wealth boosted 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 worth $26,000 after buying an additional 125 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth about $31,000. Kestra Investment Management LLC bought a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at approximately $31,000. JNBA Financial Advisors bought a new position in SPDR S&P Dividend ETF in the 3rd quarter worth approximately $32,000. Finally, Assetmark Inc. boosted its position in shares of SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares during the period.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $135.12 on Wednesday. The firm’s 50-day moving average is $133.65 and its 200-day moving average is $137.53. The company has a market cap of $21.38 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52-week low of $123.94 and a 52-week high of $144.45.

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.