SPDR S&P Dividend ETF (NYSEARCA:SDY) is Wolff Financial Management LLC’s 4th Largest Position

Wolff Financial Management LLC increased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 231,681 shares of the company’s stock after buying an additional 1,351 shares during the quarter. SPDR S&P Dividend ETF accounts for approximately 8.5% of Wolff Financial Management LLC’s holdings, making the stock its 4th biggest holding. Wolff Financial Management LLC owned about 0.15% of SPDR S&P Dividend ETF worth $30,605,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Thrivent Financial for Lutherans raised its stake in SPDR S&P Dividend ETF by 5.3% during the second quarter. Thrivent Financial for Lutherans now owns 23,883 shares of the company’s stock valued at $3,037,000 after buying an additional 1,204 shares during the last quarter. Insigneo Advisory Services LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 112.8% in the second quarter. Insigneo Advisory Services LLC now owns 4,083 shares of the company’s stock worth $536,000 after buying an additional 2,164 shares during the last quarter. Daymark Wealth Partners LLC grew its position in shares of SPDR S&P Dividend ETF by 553.2% during the 2nd quarter. Daymark Wealth Partners LLC now owns 13,685 shares of the company’s stock valued at $1,740,000 after acquiring an additional 11,590 shares during the period. Matrix Private Capital Group LLC increased its position in SPDR S&P Dividend ETF by 4.2% in the second quarter. Matrix Private Capital Group LLC now owns 3,741 shares of the company’s stock worth $476,000 after buying an additional 150 shares in the last quarter. Finally, Texas Capital Bank Wealth Management Services Inc raised its stake in SPDR S&P Dividend ETF by 102.8% during the 2nd quarter. Texas Capital Bank Wealth Management Services Inc now owns 3,946 shares of the company’s stock worth $502,000 after acquiring an additional 2,000 shares during the period.

SPDR S&P Dividend ETF Stock Performance

Shares of SPDR S&P Dividend ETF stock opened at $133.91 on Friday. The company has a market capitalization of $21.18 billion, a P/E ratio of 19.72 and a beta of 0.68. The company has a fifty day moving average of $136.21 and a 200 day moving average of $137.14. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45.

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.