Wealth Care LLC Purchases Shares of 6,858 SPDR S&P Dividend ETF $SDY

Wealth Care LLC bought a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,858 shares of the company’s stock, valued at approximately $1,001,000. SPDR S&P Dividend ETF makes up about 0.9% of Wealth Care LLC’s investment portfolio, making the stock its 24th biggest position.

Several other large investors have also recently made changes to their positions in the company. Mitchell Mcleod Pugh & Williams Inc. raised its holdings in SPDR S&P Dividend ETF by 1.9% in the 1st quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 16,093 shares of the company’s stock worth $2,349,000 after purchasing an additional 300 shares during the period. Harbor Investment Advisory LLC boosted its position in SPDR S&P Dividend ETF by 17.7% during the first quarter. Harbor Investment Advisory LLC now owns 765 shares of the company’s stock worth $112,000 after purchasing an additional 115 shares in the last quarter. Private Wealth Group LLC grew its holdings in SPDR S&P Dividend ETF by 2.6% in the first quarter. Private Wealth Group LLC now owns 51,361 shares of the company’s stock valued at $7,496,000 after purchasing an additional 1,290 shares during the period. Coston McIsaac & Partners grew its holdings in SPDR S&P Dividend ETF by 0.9% in the first quarter. Coston McIsaac & Partners now owns 12,427 shares of the company’s stock valued at $1,813,000 after purchasing an additional 107 shares during the period. Finally, LifeSteps Financial Inc. grew its holdings in SPDR S&P Dividend ETF by 6.1% in the first quarter. LifeSteps Financial Inc. now owns 30,836 shares of the company’s stock valued at $4,500,000 after purchasing an additional 1,785 shares during the period. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Price Performance

Shares of SDY stock opened at $152.18 on Wednesday. SPDR S&P Dividend ETF has a 1-year low of $135.30 and a 1-year high of $156.39. The company has a market cap of $22.27 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. The stock has a 50 day simple moving average of $149.49 and a 200-day simple moving average of $148.07.

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.