Blue Trust Inc. Raises Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Blue Trust Inc. increased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 37.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,230 shares of the company’s stock after purchasing an additional 874 shares during the period. Blue Trust Inc.’s holdings in SPDR S&P Dividend ETF were worth $459,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in SDY. Cetera Investment Advisers boosted its stake in shares of SPDR S&P Dividend ETF by 283.2% in the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after purchasing an additional 509,007 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in SPDR S&P Dividend ETF by 114.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock valued at $46,221,000 after buying an additional 194,290 shares during the last quarter. Strategic Financial Concepts LLC increased its position in shares of SPDR S&P Dividend ETF by 4,418.2% during the second quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock worth $11,280,000 after acquiring an additional 86,729 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF in the second quarter worth about $10,044,000. Finally, Prosperity Consulting Group LLC boosted its holdings in SPDR S&P Dividend ETF by 144.5% in the first quarter. Prosperity Consulting Group LLC now owns 129,121 shares of the company’s stock valued at $16,946,000 after purchasing an additional 76,309 shares during the last quarter.

SPDR S&P Dividend ETF Stock Down 0.8 %

Shares of NYSEARCA SDY opened at $141.42 on Wednesday. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $144.06. The business has a 50 day moving average price of $139.85 and a two-hundred day moving average price of $133.20. The firm has a market cap of $22.37 billion, a PE ratio of 19.72 and a beta of 0.68.

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.