Citigroup Inc. Grows Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Citigroup Inc. raised its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 16.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,758 shares of the company’s stock after buying an additional 3,551 shares during the period. Citigroup Inc.’s holdings in SPDR S&P Dividend ETF were worth $3,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Capital Performance Advisors LLP bought a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at about $31,000. JNBA Financial Advisors bought a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth approximately $32,000. Opal Wealth Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF during the 2nd quarter worth approximately $34,000. Assetmark Inc. raised its stake in shares of SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL raised its stake in shares of SPDR S&P Dividend ETF by 113.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after acquiring an additional 140 shares in the last quarter.

SPDR S&P Dividend ETF Stock Down 0.4 %

NYSEARCA SDY opened at $141.50 on Thursday. The firm has a market cap of $22.39 billion, a PE ratio of 19.72 and a beta of 0.68. The company has a 50 day moving average price of $141.21 and a 200 day moving average price of $135.85. SPDR S&P Dividend ETF has a 52 week low of $120.58 and a 52 week high of $144.45.

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.