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

Sequoia Financial Advisors LLC lifted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,677 shares of the company’s stock after buying an additional 161 shares during the period. Sequoia Financial Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $1,943,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Wealthcare Advisory Partners LLC increased its holdings in SPDR S&P Dividend ETF by 73.5% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,409 shares of the company’s stock worth $1,235,000 after buying an additional 3,985 shares during the period. OneAscent Financial Services LLC raised its holdings in shares of SPDR S&P Dividend ETF by 3.6% during the first quarter. OneAscent Financial Services LLC now owns 4,325 shares of the company’s stock worth $568,000 after purchasing an additional 152 shares during the last quarter. Weaver Consulting Group raised its holdings in shares of SPDR S&P Dividend ETF by 36.5% during the first quarter. Weaver Consulting Group now owns 8,389 shares of the company’s stock worth $1,101,000 after purchasing an additional 2,245 shares during the last quarter. MCF Advisors LLC lifted its position in SPDR S&P Dividend ETF by 54.3% during the first quarter. MCF Advisors LLC now owns 3,765 shares of the company’s stock valued at $494,000 after purchasing an additional 1,325 shares during the period. Finally, Cannon Global Investment Management LLC purchased a new stake in SPDR S&P Dividend ETF in the first quarter valued at $499,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $140.95 on Friday. The business’s 50-day moving average is $140.00 and its two-hundred day moving average is $133.26. The company has a market capitalization of $22.30 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $144.06.

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.