5,224 Shares in SPDR S&P Dividend ETF (NYSEARCA:SDY) Bought by Michael A. Dubis Financial Planning LLC

Michael A. Dubis Financial Planning LLC purchased a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,224 shares of the company’s stock, valued at approximately $690,000. SPDR S&P Dividend ETF accounts for 0.7% of Michael A. Dubis Financial Planning LLC’s holdings, making the stock its 25th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Maridea Wealth Management LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth about $363,000. RiverFront Investment Group LLC purchased a new position in SPDR S&P Dividend ETF during the fourth quarter worth about $268,000. Vertex Planning Partners LLC boosted its position in shares of SPDR S&P Dividend ETF by 6.2% during the fourth quarter. Vertex Planning Partners LLC now owns 2,546 shares of the company’s stock worth $336,000 after buying an additional 149 shares during the period. Blair William & Co. IL boosted its stake in shares of SPDR S&P Dividend ETF by 1.6% in the fourth quarter. Blair William & Co. IL now owns 76,005 shares of the company’s stock valued at $10,040,000 after purchasing an additional 1,165 shares during the period. Finally, Rockbridge Investment Management LCC acquired a new position in shares of SPDR S&P Dividend ETF in the fourth quarter worth $303,000.

SPDR S&P Dividend ETF Stock Down 0.6 %

Shares of SDY opened at $134.29 on Friday. The company has a market capitalization of $19.98 billion, a price-to-earnings ratio of 20.91 and a beta of 0.87. SPDR S&P Dividend ETF has a 52-week low of $124.37 and a 52-week high of $144.45. The stock has a 50 day moving average price of $135.17 and a 200 day moving average price of $137.42.

SPDR S&P Dividend ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a dividend of $0.8184 per share. The ex-dividend date was Monday, March 24th.

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.