Kestra Advisory Services LLC Acquires 12,732 Shares of SPDR S&P Dividend ETF $SDY

Kestra Advisory Services LLC boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 280,711 shares of the company’s stock after acquiring an additional 12,732 shares during the period. Kestra Advisory Services LLC’s holdings in SPDR S&P Dividend ETF were worth $41,119,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Fifth Third Bancorp boosted its stake in SPDR S&P Dividend ETF by 1,558.7% during the first quarter. Fifth Third Bancorp now owns 115,078 shares of the company’s stock worth $16,794,000 after acquiring an additional 108,140 shares in the last quarter. Associated Banc Corp bought a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter worth approximately $15,501,000. International Assets Investment Management LLC grew its stake in shares of SPDR S&P Dividend ETF by 2,324.5% in the 3rd quarter. International Assets Investment Management LLC now owns 110,000 shares of the company’s stock worth $16,113,000 after buying an additional 105,463 shares during the last quarter. Benjamin Edwards Inc. grew its stake in shares of SPDR S&P Dividend ETF by 47.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 286,769 shares of the company’s stock worth $43,643,000 after buying an additional 91,702 shares during the last quarter. Finally, NBT Bank N.A. purchased a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter worth approximately $11,869,000. 43.42% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Price Performance

SDY stock traded down $1.80 on Friday, reaching $160.87. 351,740 shares of the company traded hands, compared to its average volume of 236,990. SPDR S&P Dividend ETF has a one year low of $135.85 and a one year high of $166.61. The company has a market cap of $22.26 billion, a P/E ratio of 19.85 and a beta of 0.67. The firm has a fifty day simple moving average of $153.85 and a 200-day simple moving average of $152.02.

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.