SPDR S&P Dividend ETF (NYSEARCA:SDY) Stock Holdings Increased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lifted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,096 shares of the company’s stock after purchasing an additional 1,419 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $1,994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Avion Wealth raised its position in SPDR S&P Dividend ETF by 164.5% during the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after acquiring an additional 125 shares in the last quarter. Kestra Investment Management LLC bought a new position in SPDR S&P Dividend ETF during the fourth quarter valued at approximately $31,000. Noble Wealth Management PBC bought a new position in SPDR S&P Dividend ETF during the fourth quarter valued at approximately $32,000. Assetmark Inc. raised its position in SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares in the last quarter. Finally, Rialto Wealth Management LLC bought a new position in SPDR S&P Dividend ETF during the fourth quarter valued at approximately $34,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $134.62 on Friday. The firm has a market cap of $20.14 billion, a PE ratio of 21.48 and a beta of 0.88. The firm’s 50 day moving average price is $134.42 and its 200 day moving average price is $137.70. SPDR S&P Dividend ETF has a twelve month low of $124.37 and a twelve month high of $144.45.

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.