17,279 Shares in SPDR S&P Dividend ETF (NYSEARCA:SDY) Bought by Retirement Investment Advisors Inc.

Retirement Investment Advisors Inc. acquired a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 17,279 shares of the company’s stock, valued at approximately $2,198,000. SPDR S&P Dividend ETF comprises 0.3% of Retirement Investment Advisors Inc.’s investment portfolio, making the stock its 16th biggest position.

Several other large investors have also recently added to or reduced their stakes in SDY. Ieq Capital LLC increased its position in SPDR S&P Dividend ETF by 6.7% in the second quarter. Ieq Capital LLC now owns 42,757 shares of the company’s stock worth $5,438,000 after buying an additional 2,671 shares during the period. Brighton Jones LLC increased its position in SPDR S&P Dividend ETF by 3.0% in the second quarter. Brighton Jones LLC now owns 18,192 shares of the company’s stock worth $2,314,000 after buying an additional 529 shares during the period. WCG Wealth Advisors LLC increased its position in SPDR S&P Dividend ETF by 0.8% in the second quarter. WCG Wealth Advisors LLC now owns 10,357 shares of the company’s stock worth $1,317,000 after buying an additional 83 shares during the period. LJI Wealth Management LLC acquired a new stake in SPDR S&P Dividend ETF in the second quarter worth $446,000. Finally, SkyOak Wealth LLC increased its position in SPDR S&P Dividend ETF by 26.8% in the second quarter. SkyOak Wealth LLC now owns 2,785 shares of the company’s stock worth $354,000 after buying an additional 588 shares during the period.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $141.10 on Friday. SPDR S&P Dividend ETF has a 1-year low of $109.87 and a 1-year high of $142.14. The business’s fifty day moving average price is $135.87 and its two-hundred day moving average price is $131.11. The firm has a market capitalization of $22.32 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.