WCG Wealth Advisors LLC Boosts Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

WCG Wealth Advisors LLC raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,357 shares of the company’s stock after acquiring an additional 83 shares during the period. WCG Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $1,317,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of SDY. Frazier Financial Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF in the fourth quarter worth approximately $27,000. Riggs Asset Managment Co. Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 76.8% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after buying an additional 96 shares during the last quarter. Scarborough Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $30,000. Farmers & Merchants Investments Inc. purchased a new stake in shares of SPDR S&P Dividend ETF during the 1st quarter valued at $33,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of SPDR S&P Dividend ETF by 101.6% during the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after acquiring an additional 127 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $141.10 on Friday. The firm has a market capitalization of $22.32 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52-week low of $109.87 and a 52-week high of $142.14. The firm has a fifty day moving average of $135.87 and a 200 day moving average of $131.11.

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.