16,086 Shares of SPDR S&P Dividend ETF $SDY Bought by Partners Wealth Management LLC

Partners Wealth Management LLC purchased a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 16,086 shares of the company’s stock, valued at approximately $2,356,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. D.A. Davidson & CO. increased its holdings in shares of SPDR S&P Dividend ETF by 1.8% in the 3rd quarter. D.A. Davidson & CO. now owns 25,167 shares of the company’s stock worth $3,687,000 after buying an additional 444 shares during the last quarter. BOKF NA raised its position in shares of SPDR S&P Dividend ETF by 0.4% during the 3rd quarter. BOKF NA now owns 107,875 shares of the company’s stock valued at $15,802,000 after buying an additional 423 shares in the last quarter. Convergence Financial LLC bought a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $212,000. Latitude Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $51,000. Finally, Foresight Capital Management Advisors Inc. bought a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $30,000. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $160.19 on Friday. SPDR S&P Dividend ETF has a 52-week low of $135.30 and a 52-week high of $160.29. The firm has a fifty day moving average of $153.38 and a 200 day moving average of $151.52. The firm has a market capitalization of $22.20 billion, a PE ratio of 19.85 and a beta of 0.69.

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.