ZWJ Investment Counsel Inc. Acquires 106 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

ZWJ Investment Counsel Inc. raised its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,494 shares of the company’s stock after purchasing an additional 106 shares during the period. ZWJ Investment Counsel Inc.’s holdings in SPDR S&P Dividend ETF were worth $572,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SDY. Great Valley Advisor Group Inc. raised its holdings in SPDR S&P Dividend ETF by 0.8% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock worth $1,204,000 after acquiring an additional 77 shares during the last quarter. Ancora Advisors LLC raised its stake in shares of SPDR S&P Dividend ETF by 0.9% in the first quarter. Ancora Advisors LLC now owns 10,511 shares of the company’s stock worth $1,379,000 after purchasing an additional 91 shares during the last quarter. Riggs Asset Managment Co. Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 76.8% during the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock valued at $29,000 after purchasing an additional 96 shares in the last quarter. PDS Planning Inc boosted its position in shares of SPDR S&P Dividend ETF by 0.6% during the fourth quarter. PDS Planning Inc now owns 16,889 shares of the company’s stock valued at $2,111,000 after buying an additional 97 shares during the last quarter. Finally, NBC Securities Inc. increased its holdings in SPDR S&P Dividend ETF by 4.0% in the 1st quarter. NBC Securities Inc. now owns 2,811 shares of the company’s stock worth $368,000 after buying an additional 107 shares in the last quarter.

SPDR S&P Dividend ETF Stock Down 0.1 %

SDY traded down $0.10 during midday trading on Tuesday, hitting $136.27. 87,784 shares of the company traded hands, compared to its average volume of 316,507. The company’s 50-day moving average is $130.66 and its 200 day moving average is $128.81. The firm has a market capitalization of $21.56 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $136.48.

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.