Axiom Advisory LLC Acquires 1,095 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Axiom Advisory LLC boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.1% in the third quarter, according to its most recent filing with the SEC. The firm owned 52,687 shares of the company’s stock after acquiring an additional 1,095 shares during the period. Axiom Advisory LLC’s holdings in SPDR S&P Dividend ETF were worth $7,122,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SDY. Joel Isaacson & Co. LLC lifted its stake in SPDR S&P Dividend ETF by 0.6% in the first quarter. Joel Isaacson & Co. LLC now owns 2,387,293 shares of the company’s stock valued at $313,308,000 after buying an additional 13,755 shares during the period. Pathstone Holdings LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter valued at approximately $94,819,000. Cetera Investment Advisers boosted its stake in SPDR S&P Dividend ETF by 283.2% during the 1st quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock worth $90,392,000 after acquiring an additional 509,007 shares during the last quarter. MAI Capital Management grew its holdings in SPDR S&P Dividend ETF by 1.4% during the first quarter. MAI Capital Management now owns 527,434 shares of the company’s stock valued at $69,220,000 after purchasing an additional 7,095 shares during the period. Finally, Creative Planning increased its stake in SPDR S&P Dividend ETF by 1.1% in the second quarter. Creative Planning now owns 461,739 shares of the company’s stock valued at $58,724,000 after purchasing an additional 4,963 shares in the last quarter.

SPDR S&P Dividend ETF Stock Down 0.8 %

Shares of NYSEARCA SDY opened at $139.80 on Tuesday. SPDR S&P Dividend ETF has a twelve month low of $109.87 and a twelve month high of $142.62. The stock has a market cap of $22.12 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The company’s fifty day moving average is $137.85 and its 200-day moving average is $132.18.

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.