Crestone Asset Management LLC Buys New Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Crestone Asset Management LLC purchased a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 1,709 shares of the company’s stock, valued at approximately $214,000.

Several other large investors have also added to or reduced their stakes in the stock. Family Asset Management LLC grew its holdings in shares of SPDR S&P Dividend ETF by 2,463.3% during the 4th quarter. Family Asset Management LLC now owns 11,022 shares of the company’s stock worth $1,377,000 after acquiring an additional 10,592 shares during the period. Apollon Wealth Management LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 0.7% during the 4th quarter. Apollon Wealth Management LLC now owns 19,888 shares of the company’s stock valued at $2,485,000 after buying an additional 146 shares in the last quarter. NTV Asset Management LLC grew its position in shares of SPDR S&P Dividend ETF by 7.3% in the 4th quarter. NTV Asset Management LLC now owns 3,327 shares of the company’s stock worth $416,000 after buying an additional 227 shares during the period. National Bank of Canada FI increased its stake in shares of SPDR S&P Dividend ETF by 0.3% in the 4th quarter. National Bank of Canada FI now owns 46,874 shares of the company’s stock worth $5,876,000 after acquiring an additional 144 shares in the last quarter. Finally, TCG Advisory Services LLC purchased a new position in SPDR S&P Dividend ETF during the 4th quarter valued at about $283,000.

SPDR S&P Dividend ETF Price Performance

NYSEARCA:SDY traded up $0.02 during mid-day trading on Wednesday, hitting $129.90. 350,173 shares of the company’s stock were exchanged, compared to its average volume of 366,168. The company has a market cap of $20.55 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a one year low of $109.87 and a one year high of $131.67. The business has a fifty day moving average price of $128.04 and a 200 day moving average price of $123.56.

SPDR S&P Dividend ETF 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.