Simplicity Wealth LLC Raises Stock Position in SPDR S&P Dividend ETF $SDY

Simplicity Wealth LLC lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 390.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,291 shares of the company’s stock after acquiring an additional 12,968 shares during the quarter. Simplicity Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $2,211,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Confluence Investment Management LLC acquired a new stake in SPDR S&P Dividend ETF in the second quarter valued at $10,216,000. Jones Financial Companies Lllp grew its position in shares of SPDR S&P Dividend ETF by 29.0% in the first quarter. Jones Financial Companies Lllp now owns 331,634 shares of the company’s stock valued at $44,587,000 after purchasing an additional 74,616 shares during the last quarter. Ieq Capital LLC increased its stake in shares of SPDR S&P Dividend ETF by 92.9% during the 1st quarter. Ieq Capital LLC now owns 97,042 shares of the company’s stock worth $13,167,000 after purchasing an additional 46,738 shares in the last quarter. Joel Isaacson & Co. LLC raised its position in shares of SPDR S&P Dividend ETF by 1.7% during the 1st quarter. Joel Isaacson & Co. LLC now owns 2,558,258 shares of the company’s stock worth $347,104,000 after purchasing an additional 41,613 shares during the last quarter. Finally, Townsquare Capital LLC lifted its stake in SPDR S&P Dividend ETF by 143.4% in the 1st quarter. Townsquare Capital LLC now owns 70,064 shares of the company’s stock valued at $9,506,000 after buying an additional 41,273 shares in the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $140.64 on Monday. SPDR S&P Dividend ETF has a fifty-two week low of $119.83 and a fifty-two week high of $144.45. The company has a market capitalization of $20.34 billion, a price-to-earnings ratio of 19.85 and a beta of 0.86. The stock has a fifty day moving average of $139.83 and a two-hundred day moving average of $135.94.

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.