Wrenne Financial Planning LLC Invests $210,000 in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Wrenne Financial Planning LLC purchased a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,480 shares of the company’s stock, valued at approximately $210,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Coston McIsaac & Partners grew its position in shares of SPDR S&P Dividend ETF by 0.5% during the third quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after buying an additional 72 shares in the last quarter. Marshall Financial Group LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 3.7% in the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock valued at $290,000 after acquiring an additional 73 shares during the period. Roger Wittlin Investment Advisory LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 0.6% in the third quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock valued at $1,861,000 after acquiring an additional 73 shares during the period. WealthBridge Capital Management LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 1.8% in the third quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock valued at $595,000 after acquiring an additional 75 shares during the period. Finally, M3 Advisory Group LLC raised its stake in shares of SPDR S&P Dividend ETF by 2.1% during the third quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock worth $519,000 after purchasing an additional 76 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $141.29 on Friday. SPDR S&P Dividend ETF has a 12 month low of $118.30 and a 12 month high of $144.06. The business has a 50 day simple moving average of $140.79 and a 200-day simple moving average of $135.06. The stock has a market capitalization of $22.35 billion, a PE ratio of 19.72 and a beta of 0.68.

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.