Wedbush Securities Inc. Raises Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)


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Wedbush Securities Inc. grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.8% during the first quarter, Holdings Channel reports. The firm owned 5,838 shares of the company’s stock after acquiring an additional 269 shares during the period. Wedbush Securities Inc.’s holdings in SPDR S&P Dividend ETF were worth $689,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Beese Fulmer Investment Management Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 4.7% in the first quarter. Beese Fulmer Investment Management Inc. now owns 2,028 shares of the company’s stock valued at $239,000 after purchasing an additional 91 shares during the period. Sawgrass Asset Management LLC boosted its position in SPDR S&P Dividend ETF by 2.1% during the fourth quarter. Sawgrass Asset Management LLC now owns 4,780 shares of the company’s stock worth $506,000 after acquiring an additional 100 shares during the last quarter. Eaton Vance Management boosted its position in SPDR S&P Dividend ETF by 2.9% during the fourth quarter. Eaton Vance Management now owns 3,519 shares of the company’s stock worth $373,000 after acquiring an additional 100 shares during the last quarter. Adirondack Trust Co. boosted its holdings in shares of SPDR S&P Dividend ETF by 3.8% in the 1st quarter. Adirondack Trust Co. now owns 2,755 shares of the company’s stock valued at $325,000 after purchasing an additional 100 shares during the last quarter. Finally, Coastal Investment Advisors Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 2.6% during the 4th quarter. Coastal Investment Advisors Inc. now owns 4,224 shares of the company’s stock valued at $447,000 after acquiring an additional 107 shares in the last quarter.

Shares of SDY opened at $124.22 on Tuesday. The stock has a 50-day moving average price of $119.80 and a 200 day moving average price of $109.53. SPDR S&P Dividend ETF has a one year low of $78.44 and a one year high of $124.91.

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.

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Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY).

Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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