Elevation Point Wealth Partners LLC Has $6.23 Million Holdings in SPDR S&P Dividend ETF $SDY

Elevation Point Wealth Partners LLC grew its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 35.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,688 shares of the company’s stock after acquiring an additional 11,075 shares during the period. Elevation Point Wealth Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $6,230,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. World Investment Advisors increased its stake in shares of SPDR S&P Dividend ETF by 9.2% in the 4th quarter. World Investment Advisors now owns 80,205 shares of the company’s stock valued at $11,161,000 after acquiring an additional 6,744 shares during the last quarter. Dara Capital US Inc. acquired a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter valued at approximately $509,000. Coldstream Capital Management Inc. boosted its stake in SPDR S&P Dividend ETF by 126.6% during the 3rd quarter. Coldstream Capital Management Inc. now owns 223,525 shares of the company’s stock worth $31,305,000 after acquiring an additional 124,864 shares during the last quarter. M&T Bank Corp boosted its stake in SPDR S&P Dividend ETF by 8.0% during the 4th quarter. M&T Bank Corp now owns 97,976 shares of the company’s stock worth $13,634,000 after acquiring an additional 7,228 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC grew its holdings in SPDR S&P Dividend ETF by 71.9% during the third quarter. Focus Partners Advisor Solutions LLC now owns 9,820 shares of the company’s stock valued at $1,365,000 after purchasing an additional 4,109 shares during the period. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $155.67 on Friday. The company has a 50 day moving average price of $149.89 and a two-hundred day moving average price of $148.30. The company has a market capitalization of $21.89 billion, a PE ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 52 week low of $135.30 and a 52 week high of $156.39.

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.