Cobblestone Capital Advisors LLC NY Purchases New Shares in SPDR S&P Dividend ETF $SDY

Cobblestone Capital Advisors LLC NY bought a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the second quarter, HoldingsChannel.com reports. The fund bought 1,819 shares of the company’s stock, valued at approximately $247,000.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its position in SPDR S&P Dividend ETF by 404.5% in the 4th quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock worth $2,443,000 after purchasing an additional 14,829 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of SPDR S&P Dividend ETF by 8.1% during the first quarter. Golden State Wealth Management LLC now owns 8,241 shares of the company’s stock worth $1,118,000 after acquiring an additional 614 shares during the last quarter. Avidian Wealth Enterprises LLC raised its position in shares of SPDR S&P Dividend ETF by 22.4% during the first quarter. Avidian Wealth Enterprises LLC now owns 1,979 shares of the company’s stock worth $268,000 after acquiring an additional 362 shares during the last quarter. Westside Investment Management Inc. raised its position in shares of SPDR S&P Dividend ETF by 4.7% during the first quarter. Westside Investment Management Inc. now owns 34,050 shares of the company’s stock worth $4,620,000 after acquiring an additional 1,517 shares during the last quarter. Finally, J.Safra Asset Management Corp raised its position in shares of SPDR S&P Dividend ETF by 1.9% during the first quarter. J.Safra Asset Management Corp now owns 354,302 shares of the company’s stock worth $48,072,000 after acquiring an additional 6,633 shares during the last quarter. 43.42% of the stock is owned by institutional investors.

SPDR S&P Dividend ETF Trading Up 0.5%

Shares of NYSEARCA:SDY opened at $140.34 on Tuesday. The stock has a market capitalization of $20.20 billion, a P/E ratio of 19.85 and a beta of 0.79. SPDR S&P Dividend ETF has a 1-year low of $119.83 and a 1-year high of $144.45. The business has a 50-day moving average price of $140.04 and a two-hundred day moving average price of $136.89.

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.