Wolff Financial Management LLC Has $34.63 Million Stock Holdings in SPDR S&P Dividend ETF $SDY

Wolff Financial Management LLC grew its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.8% during the third quarter, HoldingsChannel.com reports. The firm owned 247,239 shares of the company’s stock after purchasing an additional 9,123 shares during the period. SPDR S&P Dividend ETF makes up approximately 8.0% of Wolff Financial Management LLC’s holdings, making the stock its 4th biggest holding. Wolff Financial Management LLC’s holdings in SPDR S&P Dividend ETF were worth $34,626,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its stake in SPDR S&P Dividend ETF by 404.5% during the fourth quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock valued at $2,443,000 after buying an additional 14,829 shares in the last quarter. Vident Advisory LLC grew its position in shares of SPDR S&P Dividend ETF by 2.0% in the 1st quarter. Vident Advisory LLC now owns 4,649 shares of the company’s stock worth $631,000 after acquiring an additional 89 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in shares of SPDR S&P Dividend ETF by 1.2% in the 1st quarter. EP Wealth Advisors LLC now owns 37,616 shares of the company’s stock valued at $5,104,000 after acquiring an additional 450 shares during the last quarter. Federation des caisses Desjardins du Quebec raised its position in shares of SPDR S&P Dividend ETF by 21.0% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 8,874 shares of the company’s stock valued at $1,204,000 after acquiring an additional 1,539 shares in the last quarter. Finally, Atalanta Sosnoff Capital LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 1st quarter valued at approximately $344,000. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $140.12 on Wednesday. The stock has a market capitalization of $20.15 billion, a PE ratio of 19.85 and a beta of 0.79. The business’s fifty day moving average price is $139.06 and its 200 day moving average price is $138.98. SPDR S&P Dividend ETF has a 12-month low of $119.83 and a 12-month high of $143.49.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.