Ritholtz Wealth Management Acquires 505 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Ritholtz Wealth Management increased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,718 shares of the company’s stock after purchasing an additional 505 shares during the period. Ritholtz Wealth Management’s holdings in SPDR S&P Dividend ETF were worth $755,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new position in SPDR S&P Dividend ETF during the 3rd quarter worth $31,000. JNBA Financial Advisors acquired a new position in SPDR S&P Dividend ETF during the 3rd quarter worth $32,000. Assetmark Inc. lifted its position in 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 during the last quarter. Strategic Investment Solutions Inc. IL lifted its position in 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 during the last quarter. Finally, ST Germain D J Co. Inc. acquired a new position in SPDR S&P Dividend ETF during the 4th quarter worth $38,000.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $133.77 on Tuesday. The firm has a fifty day moving average price of $136.76 and a two-hundred day moving average price of $137.08. The firm has a market cap of $21.16 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45.

About SPDR S&P Dividend ETF

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.