Private Advisor Group LLC Purchases 117,210 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Private Advisor Group LLC increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 84.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 255,882 shares of the company’s stock after buying an additional 117,210 shares during the period. Private Advisor Group LLC’s holdings in SPDR S&P Dividend ETF were worth $33,802,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SDY. 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 bought a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $31,000. Kestra Investment Management LLC bought a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth $31,000. JNBA Financial Advisors bought a new stake in SPDR S&P Dividend ETF in the 3rd quarter valued at $32,000. Finally, Assetmark Inc. boosted its holdings in SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the period.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $135.12 on Wednesday. SPDR S&P Dividend ETF has a fifty-two week low of $123.94 and a fifty-two week high of $144.45. The firm has a fifty day moving average price of $133.65 and a two-hundred day moving average price of $137.53. The company has a market cap of $21.38 billion, a PE ratio of 19.72 and a beta of 0.68.

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.