Prospera Financial Services Inc Has $3.80 Million Stock Holdings in SPDR S&P Dividend ETF $SDY

Prospera Financial Services Inc increased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 27.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 27,114 shares of the company’s stock after purchasing an additional 5,896 shares during the quarter. Prospera Financial Services Inc’s holdings in SPDR S&P Dividend ETF were worth $3,803,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. CVA Family Office LLC boosted its position in SPDR S&P Dividend ETF by 60.0% during the 3rd quarter. CVA Family Office LLC now owns 200 shares of the company’s stock worth $28,000 after acquiring an additional 75 shares during the period. Flagship Wealth Advisors LLC increased its holdings in shares of SPDR S&P Dividend ETF by 625.0% in the 3rd quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 175 shares during the period. Compass Financial Services Inc purchased a new stake in shares of SPDR S&P Dividend ETF in the third quarter worth approximately $29,000. Global Wealth Strategies & Associates lifted its position in shares of SPDR S&P Dividend ETF by 985.0% in the third quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock worth $30,000 after purchasing an additional 197 shares in the last quarter. Finally, Private Wealth Asset Management LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 1,245.5% during the second quarter. Private Wealth Asset Management LLC now owns 296 shares of the company’s stock worth $40,000 after purchasing an additional 274 shares during the period. 43.42% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $154.96 on Thursday. The company has a market capitalization of $21.97 billion, a PE ratio of 19.85 and a beta of 0.79. The company’s 50 day moving average price is $144.24 and its 200 day moving average price is $140.99. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $155.18.

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.