SPDR S&P Dividend ETF $SDY Stake Boosted by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 23.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 42,277 shares of the company’s stock after purchasing an additional 8,081 shares during the period. Kingswood Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $5,883,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. lifted its stake in SPDR S&P Dividend ETF by 4.0% during the second quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock worth $425,298,000 after purchasing an additional 119,562 shares during the last quarter. Joel Isaacson & Co. LLC lifted its stake in SPDR S&P Dividend ETF by 0.8% during the third quarter. Joel Isaacson & Co. LLC now owns 2,667,060 shares of the company’s stock worth $373,522,000 after purchasing an additional 22,123 shares during the last quarter. UBS Group AG lifted its stake in SPDR S&P Dividend ETF by 10.5% during the third quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock worth $242,663,000 after purchasing an additional 165,053 shares during the last quarter. MAI Capital Management lifted its stake in SPDR S&P Dividend ETF by 0.7% during the third quarter. MAI Capital Management now owns 772,382 shares of the company’s stock worth $108,172,000 after purchasing an additional 5,300 shares during the last quarter. Finally, Pathstone Holdings LLC lifted its stake in SPDR S&P Dividend ETF by 1.1% during the third quarter. Pathstone Holdings LLC now owns 768,592 shares of the company’s stock worth $107,641,000 after purchasing an additional 8,380 shares during the last quarter. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $148.00 on Wednesday. SPDR S&P Dividend ETF has a 1-year low of $128.01 and a 1-year high of $156.39. The business’s fifty day moving average price is $149.78 and its two-hundred day moving average price is $144.40. The firm has a market capitalization of $20.93 billion, a PE ratio of 19.85 and a beta of 0.74.

About SPDR S&P Dividend ETF

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.