SPDR S&P Dividend ETF (NYSEARCA:SDY) Stake Increased by Mine & Arao Wealth Creation & Management LLC.

Mine & Arao Wealth Creation & Management LLC. boosted its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,408 shares of the company’s stock after acquiring an additional 1,589 shares during the quarter. SPDR S&P Dividend ETF comprises approximately 1.8% of Mine & Arao Wealth Creation & Management LLC.’s portfolio, making the stock its 10th biggest holding. Mine & Arao Wealth Creation & Management LLC.’s holdings in SPDR S&P Dividend ETF were worth $3,300,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SDY. J.W. Cole Advisors Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 85.2% in the 4th quarter. J.W. Cole Advisors Inc. now owns 55,260 shares of the company’s stock worth $6,906,000 after acquiring an additional 25,430 shares during the period. Key Financial Inc increased its position in shares of SPDR S&P Dividend ETF by 4.5% in the fourth quarter. Key Financial Inc now owns 4,209 shares of the company’s stock valued at $526,000 after buying an additional 180 shares in the last quarter. KCM Investment Advisors LLC raised its stake in shares of SPDR S&P Dividend ETF by 7.9% during the 3rd quarter. KCM Investment Advisors LLC now owns 105,752 shares of the company’s stock worth $12,163,000 after buying an additional 7,769 shares during the last quarter. Interchange Capital Partners LLC boosted its position in shares of SPDR S&P Dividend ETF by 5.6% in the 4th quarter. Interchange Capital Partners LLC now owns 5,624 shares of the company’s stock worth $703,000 after buying an additional 298 shares in the last quarter. Finally, Roble Belko & Company Inc boosted its position in shares of SPDR S&P Dividend ETF by 2.5% in the 4th quarter. Roble Belko & Company Inc now owns 139,393 shares of the company’s stock worth $17,420,000 after buying an additional 3,426 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY traded up $0.39 during mid-day trading on Wednesday, hitting $127.63. 142,582 shares of the company’s stock traded hands, compared to its average volume of 373,160. The company has a market cap of $20.30 billion, a PE ratio of 19.41 and a beta of 0.73. The firm’s 50 day simple moving average is $127.70 and its 200 day simple moving average is $123.03. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $131.67.

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.