EverSource Wealth Advisors LLC Has $3.84 Million Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

EverSource Wealth Advisors LLC increased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 28,441 shares of the company’s stock after buying an additional 1,257 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $3,835,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Riggs Asset Managment Co. Inc. increased its position in SPDR S&P Dividend ETF by 76.8% during the 1st quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after purchasing an additional 96 shares in the last quarter. Scarborough Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $30,000. Farmers & Merchants Investments Inc. acquired a new stake in shares of SPDR S&P Dividend ETF during the 1st quarter valued at $33,000. Russell Investments Group Ltd. boosted 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 valued at $33,000 after acquiring an additional 127 shares in the last quarter. Finally, Opal Wealth Advisors LLC acquired a new position in SPDR S&P Dividend ETF in the 2nd quarter worth about $34,000.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $140.03 on Friday. The company has a 50 day simple moving average of $136.06 and a 200 day simple moving average of $131.24. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $142.14. The firm has a market cap of $22.15 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.