Diversified Trust Co Raises Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Diversified Trust Co boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,600 shares of the company’s stock after purchasing an additional 426 shares during the quarter. Diversified Trust Co’s holdings in SPDR S&P Dividend ETF were worth $1,364,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Riggs Asset Managment Co. Inc. raised its stake 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 valued at $29,000 after purchasing an additional 96 shares in the last quarter. Scarborough Advisors LLC acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter valued at approximately $30,000. Farmers & Merchants Investments Inc. acquired a new stake in SPDR S&P Dividend ETF during the first quarter valued at approximately $33,000. Russell Investments Group Ltd. lifted its holdings in 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 buying an additional 127 shares during the last quarter. Finally, Opal Wealth Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 2nd quarter worth approximately $34,000.

SPDR S&P Dividend ETF Trading Up 0.1 %

SDY stock opened at $139.89 on Wednesday. The stock’s 50 day simple moving average is $137.97 and its 200 day simple moving average is $132.25. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $142.62. The firm has a market cap of $22.13 billion, a P/E 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.