WCG Wealth Advisors LLC Makes New Investment in SPDR S&P Dividend ETF $SDY

WCG Wealth Advisors LLC purchased a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,411 shares of the company’s stock, valued at approximately $1,588,000.

Other large investors also recently modified their holdings of the company. Delos Wealth Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF during the third quarter worth about $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth about $34,000. Syntax Research Inc. bought a new position in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $35,000. Core Wealth Advisors LLC bought a new position in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $35,000. Finally, Capital Investment Counsel Inc bought a new position in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $51,000. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Stock Up 0.3%

SDY stock opened at $149.93 on Friday. The business has a 50 day moving average price of $147.92 and a two-hundred day moving average price of $146.54. The company has a market cap of $21.94 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a twelve month low of $132.89 and a twelve month high of $156.39.

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.