ASB Consultores LLC Grows Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

ASB Consultores LLC increased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,535 shares of the company’s stock after buying an additional 94 shares during the quarter. ASB Consultores LLC’s holdings in SPDR S&P Dividend ETF were worth $322,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Frazier Financial Advisors LLC purchased a new position in SPDR S&P Dividend ETF during the fourth quarter worth about $27,000. Riggs Asset Managment Co. Inc. raised its holdings in shares of SPDR S&P Dividend ETF by 76.8% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after purchasing an additional 96 shares during the period. Scarborough Advisors LLC purchased a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth about $30,000. Farmers & Merchants Investments Inc. purchased a new position in shares of SPDR S&P Dividend ETF in the 1st quarter worth about $33,000. Finally, Russell Investments Group Ltd. raised its holdings in shares of SPDR S&P Dividend ETF by 101.6% in the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after purchasing an additional 127 shares during the period.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $141.10 on Friday. The stock’s 50-day moving average is $135.87 and its 200-day moving average is $131.11. The company has a market cap of $22.32 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $142.14.

SPDR S&P Dividend ETF Company 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.