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

Purkiss Capital Advisors LLC increased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 220.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,630 shares of the company’s stock after buying an additional 11,445 shares during the quarter. SPDR S&P Dividend ETF comprises about 1.1% of Purkiss Capital Advisors LLC’s investment portfolio, making the stock its 18th biggest position. Purkiss Capital Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $2,329,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. CVA Family Office LLC raised its holdings 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 worth $28,000 after purchasing an additional 75 shares during the period. KFA Private Wealth Group LLC grew its holdings in shares of SPDR S&P Dividend ETF by 4.0% during the 3rd quarter. KFA Private Wealth Group LLC now owns 2,016 shares of the company’s stock worth $282,000 after purchasing an additional 78 shares during the period. HTG Investment Advisors Inc. increased its position in SPDR S&P Dividend ETF by 2.6% during the 2nd quarter. HTG Investment Advisors Inc. now owns 3,265 shares of the company’s stock worth $443,000 after purchasing an additional 82 shares in the last quarter. Daymark Wealth Partners LLC lifted its position in SPDR S&P Dividend ETF by 0.8% during the second quarter. Daymark Wealth Partners LLC now owns 10,987 shares of the company’s stock valued at $1,491,000 after buying an additional 84 shares in the last quarter. Finally, Garrison Point Advisors LLC grew its stake in SPDR S&P Dividend ETF by 1.5% during the second quarter. Garrison Point Advisors LLC now owns 5,629 shares of the company’s stock worth $764,000 after buying an additional 84 shares during the period. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Down 0.3%

SPDR S&P Dividend ETF stock opened at $146.60 on Monday. The firm has a fifty day moving average of $141.17 and a 200-day moving average of $139.96. SPDR S&P Dividend ETF has a 52-week low of $119.83 and a 52-week high of $147.71. The firm has a market capitalization of $20.80 billion, a P/E ratio of 19.85 and a beta of 0.79.

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.