Pure Financial Advisors LLC Purchases 134 Shares of SPDR S&P Dividend ETF $SDY

Pure Financial Advisors LLC boosted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 3,351 shares of the company’s stock after acquiring an additional 134 shares during the period. Pure Financial Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $455,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Joel Isaacson & Co. LLC increased its position in shares of SPDR S&P Dividend ETF by 1.7% during the first quarter. Joel Isaacson & Co. LLC now owns 2,558,258 shares of the company’s stock valued at $347,104,000 after buying an additional 41,613 shares during the period. Royal Bank of Canada increased its position in shares of SPDR S&P Dividend ETF by 0.9% during the first quarter. Royal Bank of Canada now owns 2,371,561 shares of the company’s stock valued at $321,773,000 after buying an additional 20,594 shares during the period. Commonwealth Equity Services LLC increased its position in shares of SPDR S&P Dividend ETF by 0.8% during the first quarter. Commonwealth Equity Services LLC now owns 1,112,558 shares of the company’s stock valued at $150,952,000 after buying an additional 8,613 shares during the period. Cetera Investment Advisers increased its position in shares of SPDR S&P Dividend ETF by 0.6% during the first quarter. Cetera Investment Advisers now owns 695,720 shares of the company’s stock valued at $94,395,000 after buying an additional 3,830 shares during the period. Finally, Elk River Wealth Management LLC increased its position in shares of SPDR S&P Dividend ETF by 0.6% during the second quarter. Elk River Wealth Management LLC now owns 413,123 shares of the company’s stock valued at $56,074,000 after buying an additional 2,487 shares during the period. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Stock Up 0.5%

Shares of SDY opened at $140.64 on Friday. The business’s 50-day moving average price is $139.83 and its 200-day moving average price is $135.93. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $144.45. The stock has a market cap of $20.34 billion, a PE ratio of 19.85 and a beta of 0.86.

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.