Benjamin Edwards Inc. Raises Stock Holdings in SPDR S&P Dividend ETF $SDY

Benjamin Edwards Inc. raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 851.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 187,705 shares of the company’s stock after buying an additional 167,975 shares during the period. Benjamin Edwards Inc.’s holdings in SPDR S&P Dividend ETF were worth $25,477,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Rebalance LLC increased its stake in SPDR S&P Dividend ETF by 0.7% in the 2nd quarter. Rebalance LLC now owns 11,098 shares of the company’s stock worth $1,506,000 after buying an additional 76 shares during the period. Wealth Advisory Solutions LLC grew its stake in SPDR S&P Dividend ETF by 3.1% in the second quarter. Wealth Advisory Solutions LLC now owns 2,584 shares of the company’s stock worth $351,000 after purchasing an additional 78 shares in the last quarter. Focus Financial Network Inc. raised its position in SPDR S&P Dividend ETF by 0.5% during the 2nd quarter. Focus Financial Network Inc. now owns 15,561 shares of the company’s stock valued at $2,112,000 after purchasing an additional 81 shares in the last quarter. HTG Investment Advisors Inc. grew its position in shares of 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 buying an additional 82 shares in the last quarter. Finally, Daymark Wealth Partners LLC increased its stake in shares of 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 during the period. 43.42% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $141.53 on Friday. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $143.49. The stock has a market cap of $20.35 billion, a price-to-earnings ratio of 19.85 and a beta of 0.79. The firm’s 50-day moving average is $138.78 and its two-hundred day moving average is $138.47.

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.