SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by LPL Financial LLC

LPL Financial LLC grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,861,694 shares of the company’s stock after acquiring an additional 59,001 shares during the quarter. LPL Financial LLC owned about 1.81% of SPDR S&P Dividend ETF worth $378,030,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. N.E.W. Advisory Services LLC increased its position in shares of SPDR S&P Dividend ETF by 1.1% in the fourth quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock valued at $914,000 after buying an additional 76 shares in the last quarter. Avidian Wealth Enterprises LLC increased its position in SPDR S&P Dividend ETF by 4.9% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 1,617 shares of the company’s stock worth $214,000 after purchasing an additional 76 shares in the last quarter. Good Life Advisors LLC increased its position in SPDR S&P Dividend ETF by 1.4% during the 4th quarter. Good Life Advisors LLC now owns 5,665 shares of the company’s stock worth $748,000 after purchasing an additional 79 shares in the last quarter. Rebalance LLC increased its position in SPDR S&P Dividend ETF by 0.8% during the 4th quarter. Rebalance LLC now owns 10,955 shares of the company’s stock worth $1,447,000 after purchasing an additional 85 shares in the last quarter. Finally, Smart Money Group LLC increased its position in SPDR S&P Dividend ETF by 0.7% during the 4th quarter. Smart Money Group LLC now owns 12,547 shares of the company’s stock worth $1,658,000 after purchasing an additional 86 shares in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.7 %

SPDR S&P Dividend ETF stock opened at $134.20 on Friday. The stock has a market cap of $19.97 billion, a PE ratio of 20.91 and a beta of 0.87. The stock has a 50-day moving average price of $134.92 and a 200 day moving average price of $137.56. SPDR S&P Dividend ETF has a 52 week low of $124.37 and a 52 week high of $144.45.

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.