Bernardo Wealth Planning LLC Boosts Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Bernardo Wealth Planning LLC grew its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 18.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,381 shares of the company’s stock after acquiring an additional 368 shares during the period. Bernardo Wealth Planning LLC’s holdings in SPDR S&P Dividend ETF were worth $298,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Wolff Financial Management LLC raised its holdings in shares of SPDR S&P Dividend ETF by 3.9% in the fourth quarter. Wolff Financial Management LLC now owns 216,228 shares of the company’s stock worth $27,022,000 after buying an additional 8,099 shares during the last quarter. Blue Bell Private Wealth Management LLC raised its stake in SPDR S&P Dividend ETF by 1,531.9% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 767 shares of the company’s stock worth $96,000 after purchasing an additional 720 shares during the period. Americana Partners LLC raised its stake in shares of SPDR S&P Dividend ETF by 13.4% in the 4th quarter. Americana Partners LLC now owns 54,301 shares of the company’s stock valued at $6,786,000 after acquiring an additional 6,407 shares during the period. Centurion Wealth Management LLC acquired a new position in shares of SPDR S&P Dividend ETF in the fourth quarter valued at approximately $213,000. Finally, Tritonpoint Wealth LLC acquired a new position in shares of SPDR S&P Dividend ETF in the fourth quarter valued at approximately $218,000.

SPDR S&P Dividend ETF Stock Up 0.2 %

NYSEARCA SDY traded up $0.24 on Monday, hitting $129.25. 208,307 shares of the stock were exchanged, compared to its average volume of 408,110. The company has a 50-day moving average price of $126.52 and a 200-day moving average price of $121.53. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $131.67. The company has a market cap of $23.01 billion, a PE ratio of 14.72 and a beta of 0.86.

SPDR S&P Dividend ETF Company 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.