SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,597 shares of the company’s stock after acquiring an additional 166 shares during the quarter. Cassaday & Co Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $795,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new stake in shares of SPDR S&P Dividend ETF during the third quarter worth about $31,000. JNBA Financial Advisors acquired a new stake in shares of SPDR S&P Dividend ETF during the third quarter worth about $32,000. Russell Investments Group Ltd. lifted its holdings in shares of SPDR S&P Dividend ETF by 101.6% during the first 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. Opal Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth about $34,000. Finally, Assetmark Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the period.

SPDR S&P Dividend ETF Stock Down 0.2 %

SPDR S&P Dividend ETF stock opened at $139.67 on Monday. SPDR S&P Dividend ETF has a 52 week low of $117.25 and a 52 week high of $144.06. The company has a market capitalization of $22.10 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The stock has a 50-day moving average price of $140.68 and a 200 day moving average price of $134.82.

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.