NWF Advisory Services Inc. Purchases 5,851 Shares of SPDR S&P Dividend ETF $SDY

NWF Advisory Services Inc. grew its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 183,880 shares of the company’s stock after buying an additional 5,851 shares during the period. SPDR S&P Dividend ETF comprises 2.6% of NWF Advisory Services Inc.’s portfolio, making the stock its 7th largest position. NWF Advisory Services Inc. owned 0.12% of SPDR S&P Dividend ETF worth $27,983,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in SDY. Park National Corp OH acquired a new stake in shares of SPDR S&P Dividend ETF during the 1st quarter valued at approximately $28,000. Continuum Advisory LLC bought a new position in SPDR S&P Dividend ETF during the second quarter worth $29,000. Ankerstar Wealth LLC acquired a new position in SPDR S&P Dividend ETF in the fourth quarter worth $33,000. MBM Wealth Consultants LLC acquired a new position in SPDR S&P Dividend ETF in the first quarter worth $34,000. Finally, Core Wealth Advisors LLC bought a new stake in SPDR S&P Dividend ETF during the fourth quarter valued at $35,000. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $156.88 on Friday. The stock has a market capitalization of $23.75 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 1-year low of $135.30 and a 1-year high of $160.29. The company’s fifty day moving average is $156.01 and its two-hundred day moving average is $151.72.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.