Serenus Wealth Advisors LLC Acquires New Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Serenus Wealth Advisors LLC bought a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,306 shares of the company’s stock, valued at approximately $437,000.

Several other hedge funds have also modified their holdings of SDY. Coston McIsaac & Partners raised its stake in shares of SPDR S&P Dividend ETF by 0.5% during the 3rd quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after acquiring an additional 72 shares in the last quarter. Marshall Financial Group LLC increased its position in shares of SPDR S&P Dividend ETF by 3.7% during the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock worth $290,000 after purchasing an additional 73 shares in the last quarter. Roger Wittlin Investment Advisory LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 0.6% during the 3rd quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock valued at $1,861,000 after purchasing an additional 73 shares during the last quarter. M3 Advisory Group LLC boosted its position in shares of SPDR S&P Dividend ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock worth $519,000 after purchasing an additional 76 shares in the last quarter. Finally, N.E.W. Advisory Services LLC grew its stake in SPDR S&P Dividend ETF by 1.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock worth $914,000 after buying an additional 76 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $132.90 on Friday. The stock has a market cap of $21.02 billion, a PE ratio of 19.72 and a beta of 0.68. The stock has a 50-day moving average of $134.74 and a two-hundred day moving average of $137.44. SPDR S&P Dividend ETF has a one year low of $121.52 and a one year high of $144.45.

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.