SPDR S&P Dividend ETF (NYSEARCA:SDY) is Marino Stram & Associates LLC’s 3rd Largest Position

Marino Stram & Associates LLC increased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 272,247 shares of the company’s stock after acquiring an additional 1,135 shares during the period. SPDR S&P Dividend ETF makes up about 8.8% of Marino Stram & Associates LLC’s investment portfolio, making the stock its 3rd biggest holding. Marino Stram & Associates LLC’s holdings in SPDR S&P Dividend ETF were worth $34,023,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Capital Analysts LLC grew its stake in SPDR S&P Dividend ETF by 13.4% in the fourth quarter. Capital Analysts LLC now owns 8,742 shares of the company’s stock valued at $1,092,000 after purchasing an additional 1,033 shares during the last quarter. Warner Financial Inc. lifted its holdings in SPDR S&P Dividend ETF by 1.7% in the fourth quarter. Warner Financial Inc. now owns 9,014 shares of the company’s stock valued at $1,127,000 after acquiring an additional 153 shares during the period. Ballast Advisors LLC lifted its holdings in SPDR S&P Dividend ETF by 37.2% in the fourth quarter. Ballast Advisors LLC now owns 1,626 shares of the company’s stock valued at $203,000 after acquiring an additional 441 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in SPDR S&P Dividend ETF by 5.8% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,221 shares of the company’s stock valued at $403,000 after acquiring an additional 177 shares during the period. Finally, Strategic Family Wealth Counselors L.L.C. lifted its holdings in SPDR S&P Dividend ETF by 6.4% in the fourth quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,495 shares of the company’s stock valued at $6,685,000 after acquiring an additional 3,196 shares during the period.

SPDR S&P Dividend ETF Stock Down 0.3 %

Shares of SDY stock traded down $0.33 during trading hours on Tuesday, hitting $125.03. 161,661 shares of the company’s stock were exchanged, compared to its average volume of 396,071. The firm has a market cap of $19.89 billion, a P/E ratio of 19.41 and a beta of 0.73. The firm has a 50 day moving average of $126.95 and a two-hundred day moving average of $122.01. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week 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.