J.W. Cole Advisors Inc. Has $6.91 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

J.W. Cole Advisors Inc. raised its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 85.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,260 shares of the company’s stock after buying an additional 25,430 shares during the period. J.W. Cole Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $6,906,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Grimes & Company Inc. boosted its position in SPDR S&P Dividend ETF by 1.6% in the fourth quarter. Grimes & Company Inc. now owns 5,402 shares of the company’s stock valued at $675,000 after buying an additional 84 shares in the last quarter. PFG Investments LLC boosted its position in SPDR S&P Dividend ETF by 1.0% in the fourth quarter. PFG Investments LLC now owns 8,451 shares of the company’s stock valued at $1,056,000 after buying an additional 86 shares in the last quarter. My Legacy Advisors LLC boosted its position in SPDR S&P Dividend ETF by 1.4% in the third quarter. My Legacy Advisors LLC now owns 6,614 shares of the company’s stock valued at $745,000 after buying an additional 93 shares in the last quarter. PPS&V Asset Management Consultants Inc. boosted its position in SPDR S&P Dividend ETF by 0.8% in the third quarter. PPS&V Asset Management Consultants Inc. now owns 12,365 shares of the company’s stock valued at $1,422,000 after buying an additional 97 shares in the last quarter. Finally, GEM Asset Management LLC boosted its position in SPDR S&P Dividend ETF by 2.6% in the third quarter. GEM Asset Management LLC now owns 3,891 shares of the company’s stock valued at $448,000 after buying an additional 99 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY traded up $1.14 during mid-day trading on Friday, reaching $126.79. 219,807 shares of the company’s stock were exchanged, compared to its average volume of 390,683. The firm has a market capitalization of $20.17 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73. SPDR S&P Dividend ETF has a twelve month low of $109.87 and a twelve month high of $131.67. The business’s fifty day moving average price is $127.13 and its 200-day moving average price is $122.21.

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.