Park Avenue Securities LLC Buys 1,052 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Park Avenue Securities LLC boosted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 15.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,782 shares of the company’s stock after acquiring an additional 1,052 shares during the period. Park Avenue Securities LLC’s holdings in SPDR S&P Dividend ETF were worth $1,105,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Fifth Third Securities Inc. grew its position in shares of SPDR S&P Dividend ETF by 7.9% during the second quarter. Fifth Third Securities Inc. now owns 12,567 shares of the company’s stock valued at $1,598,000 after purchasing an additional 922 shares in the last quarter. LRI Investments LLC purchased a new position in SPDR S&P Dividend ETF during the 1st quarter valued at approximately $492,000. Choreo LLC increased its stake in SPDR S&P Dividend ETF by 6.7% in the 2nd quarter. Choreo LLC now owns 20,387 shares of the company’s stock worth $2,568,000 after acquiring an additional 1,276 shares during the last quarter. Bristlecone Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the 2nd quarter worth approximately $199,000. Finally, CarsonAllaria Wealth Management Ltd. bought a new position in shares of SPDR S&P Dividend ETF during the 1st quarter valued at approximately $42,000.

SPDR S&P Dividend ETF Stock Performance

SDY stock opened at $139.89 on Wednesday. The firm has a market cap of $22.13 billion, a PE ratio of 19.72 and a beta of 0.68. The firm has a fifty day moving average price of $137.97 and a 200 day moving average price of $132.25. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $142.62.

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.