Harbour Investments Inc. Purchases 244 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Harbour Investments Inc. lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.3% during the second quarter, Holdings Channel.com reports. The firm owned 10,749 shares of the company’s stock after buying an additional 244 shares during the quarter. Harbour Investments Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,367,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Joel Isaacson & Co. LLC increased its stake in shares of SPDR S&P Dividend ETF by 0.6% during the first quarter. Joel Isaacson & Co. LLC now owns 2,387,293 shares of the company’s stock worth $313,308,000 after purchasing an additional 13,755 shares during the period. UBS Group AG increased its stake in SPDR S&P Dividend ETF by 3.5% during the 4th quarter. UBS Group AG now owns 1,993,538 shares of the company’s stock worth $249,132,000 after acquiring an additional 67,304 shares during the period. Janney Montgomery Scott LLC increased its stake in SPDR S&P Dividend ETF by 0.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,115,618 shares of the company’s stock worth $139,419,000 after acquiring an additional 2,835 shares during the period. Pathstone Holdings LLC bought a new position in SPDR S&P Dividend ETF during the 4th quarter worth $94,819,000. Finally, Cetera Investment Advisers increased its stake in SPDR S&P Dividend ETF by 283.2% during the 1st quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock worth $90,392,000 after acquiring an additional 509,007 shares during the period.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock traded down $0.29 during mid-day trading on Tuesday, reaching $138.43. 219,328 shares of the company were exchanged, compared to its average volume of 313,896. The company has a fifty day simple moving average of $131.58 and a 200-day simple moving average of $129.31. The firm has a market cap of $21.90 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $139.46.

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.