SPDR S&P Dividend ETF $SDY Shares Acquired by WESPAC Advisors LLC

WESPAC Advisors LLC lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 293.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,343 shares of the company’s stock after purchasing an additional 10,702 shares during the period. SPDR S&P Dividend ETF comprises approximately 1.1% of WESPAC Advisors LLC’s portfolio, making the stock its 23rd largest position. WESPAC Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $1,996,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CVA Family Office LLC grew its position in shares of SPDR S&P Dividend ETF by 60.0% in the 3rd quarter. CVA Family Office LLC now owns 200 shares of the company’s stock valued at $28,000 after buying an additional 75 shares during the last quarter. Flagship Wealth Advisors LLC lifted its position in SPDR S&P Dividend ETF by 625.0% in the third quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after acquiring an additional 175 shares during the last quarter. Compass Financial Services Inc acquired a new position in SPDR S&P Dividend ETF in the third quarter valued at $29,000. Delos Wealth Advisors LLC acquired a new position in SPDR S&P Dividend ETF in the third quarter valued at $29,000. Finally, Global Wealth Strategies & Associates grew its holdings in shares of SPDR S&P Dividend ETF by 985.0% during the third quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock worth $30,000 after purchasing an additional 197 shares during the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $144.41 on Monday. SPDR S&P Dividend ETF has a fifty-two week low of $119.83 and a fifty-two week high of $156.39. The company has a market capitalization of $20.48 billion, a P/E ratio of 19.85 and a beta of 0.79. The stock has a 50-day simple moving average of $150.45 and a 200-day simple moving average of $143.50.

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