Park Avenue Securities LLC Buys 227 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Park Avenue Securities LLC grew its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,009 shares of the company’s stock after purchasing an additional 227 shares during the period. Park Avenue Securities LLC’s holdings in SPDR S&P Dividend ETF were worth $1,058,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SDY. Coston McIsaac & Partners lifted its position in SPDR S&P Dividend ETF by 0.5% in the third quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after buying an additional 72 shares during the last quarter. Marshall Financial Group LLC raised its stake in shares of SPDR S&P Dividend ETF by 3.7% in the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock valued at $290,000 after acquiring an additional 73 shares during the period. Roger Wittlin Investment Advisory LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 0.6% in the 3rd quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock worth $1,861,000 after acquiring an additional 73 shares during the last quarter. WealthBridge Capital Management LLC boosted its stake in shares of SPDR S&P Dividend ETF by 1.8% during the 3rd quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock worth $595,000 after purchasing an additional 75 shares during the period. Finally, M3 Advisory Group LLC boosted its stake in shares of SPDR S&P Dividend ETF by 2.1% during the 3rd quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock worth $519,000 after purchasing an additional 76 shares during the period.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $133.77 on Tuesday. The firm has a market capitalization of $21.16 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1-year low of $121.52 and a 1-year high of $144.45. The company’s 50-day moving average is $136.76 and its 200 day moving average is $137.08.

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.