Cherry Tree Wealth Management LLC Acquires 134 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Cherry Tree Wealth Management LLC increased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,381 shares of the company’s stock after purchasing an additional 134 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $298,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SDY. International Assets Investment Management LLC lifted its position in shares of SPDR S&P Dividend ETF by 10,945.4% in the fourth quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock valued at $141,774,000 after acquiring an additional 1,124,197 shares in the last quarter. Pathstone Family Office LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 4,360.9% during the 3rd quarter. Pathstone Family Office LLC now owns 801,808 shares of the company’s stock valued at $92,216,000 after purchasing an additional 783,834 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC increased its holdings in shares of SPDR S&P Dividend ETF by 18.6% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,478,260 shares of the company’s stock worth $170,015,000 after purchasing an additional 231,382 shares during the last quarter. Comerica Bank purchased a new stake in shares of SPDR S&P Dividend ETF in the third quarter worth about $17,485,000. Finally, Creative Planning boosted its stake in SPDR S&P Dividend ETF by 14.5% during the third quarter. Creative Planning now owns 525,915 shares of the company’s stock valued at $60,485,000 after buying an additional 66,745 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY traded up $0.02 during trading hours on Wednesday, reaching $129.90. The stock had a trading volume of 350,091 shares, compared to its average volume of 366,168. The stock has a market capitalization of $20.55 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $131.67. The company has a 50 day moving average price of $128.04 and a two-hundred day moving average price of $123.56.

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.