Firestone Capital Management Purchases 211 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Firestone Capital Management lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.6% during the second quarter, HoldingsChannel reports. The firm owned 35,765 shares of the company’s stock after buying an additional 211 shares during the quarter. SPDR S&P Dividend ETF comprises 1.2% of Firestone Capital Management’s portfolio, making the stock its 20th largest holding. Firestone Capital Management’s holdings in SPDR S&P Dividend ETF were worth $4,549,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Joel Isaacson & Co. LLC lifted its holdings in SPDR S&P Dividend ETF by 0.6% during the first quarter. Joel Isaacson & Co. LLC now owns 2,387,293 shares of the company’s stock worth $313,308,000 after acquiring an additional 13,755 shares in the last quarter. UBS Group AG raised its position in shares of SPDR S&P Dividend ETF by 3.5% during the fourth quarter. UBS Group AG now owns 1,993,538 shares of the company’s stock worth $249,132,000 after purchasing an additional 67,304 shares during the period. Pathstone Holdings LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth about $94,819,000. Cetera Investment Advisers lifted its holdings in shares of SPDR S&P Dividend ETF by 283.2% during the 1st quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after purchasing an additional 509,007 shares in the last quarter. Finally, MAI Capital Management grew its position in shares of SPDR S&P Dividend ETF by 1.4% in the 1st quarter. MAI Capital Management now owns 527,434 shares of the company’s stock valued at $69,220,000 after purchasing an additional 7,095 shares during the period.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA SDY opened at $141.24 on Tuesday. SPDR S&P Dividend ETF has a 52-week low of $109.87 and a 52-week high of $141.52. The business has a 50 day simple moving average of $135.07 and a 200 day simple moving average of $130.87. The stock has a market cap of $22.34 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.