RWA Wealth Partners LLC Has $997,000 Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

RWA Wealth Partners LLC increased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 162.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 7,976 shares of the company’s stock after buying an additional 4,941 shares during the period. RWA Wealth Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $997,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the company. Strategic Blueprint LLC grew its position in SPDR S&P Dividend ETF by 34.3% in the 3rd quarter. Strategic Blueprint LLC now owns 12,811 shares of the company’s stock worth $1,473,000 after purchasing an additional 3,270 shares during the last quarter. Secure Asset Management LLC grew its position in SPDR S&P Dividend ETF by 10.7% in the 3rd quarter. Secure Asset Management LLC now owns 2,942 shares of the company’s stock worth $338,000 after purchasing an additional 285 shares during the last quarter. Ironwood Wealth Management Inc. grew its position in SPDR S&P Dividend ETF by 3.8% in the 3rd quarter. Ironwood Wealth Management Inc. now owns 76,086 shares of the company’s stock worth $8,570,000 after purchasing an additional 2,791 shares during the last quarter. Fiduciary Alliance LLC grew its position in SPDR S&P Dividend ETF by 28.1% in the 3rd quarter. Fiduciary Alliance LLC now owns 3,082 shares of the company’s stock worth $354,000 after purchasing an additional 677 shares during the last quarter. Finally, Ballentine Partners LLC grew its position in SPDR S&P Dividend ETF by 7.4% in the 3rd quarter. Ballentine Partners LLC now owns 2,177 shares of the company’s stock worth $250,000 after purchasing an additional 150 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $128.45 on Thursday. The firm has a market capitalization of $20.43 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73. The company’s fifty day moving average is $127.42 and its two-hundred day moving average is $122.59. SPDR S&P Dividend ETF has a 52-week low of $109.87 and a 52-week high of $131.67.

About SPDR S&P Dividend ETF

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.