SPDR S&P Dividend ETF (NYSEARCA:SDY) Stock Position Raised by Marshall Financial Group LLC

Marshall Financial Group LLC lifted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report) by 3.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,044 shares of the company’s stock after buying an additional 73 shares during the period. Marshall Financial Group LLC’s holdings in SPDR S&P Dividend ETF were worth $290,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Riggs Asset Managment Co. Inc. boosted its stake in SPDR S&P Dividend ETF by 76.8% during the 1st quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock valued at $29,000 after purchasing an additional 96 shares during the period. Farmers & Merchants Investments Inc. acquired a new position in SPDR S&P Dividend ETF during the 1st quarter valued at about $33,000. Russell Investments Group Ltd. boosted its stake in SPDR S&P Dividend ETF by 101.6% during the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after purchasing an additional 127 shares during the period. Opal Wealth Advisors LLC acquired a new position in SPDR S&P Dividend ETF during the 2nd quarter valued at about $34,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P Dividend ETF during the 2nd quarter valued at about $38,000.

SPDR S&P Dividend ETF Stock Up 0.4 %

SPDR S&P Dividend ETF stock opened at $143.68 on Friday. The firm has a 50-day moving average price of $139.50 and a two-hundred day moving average price of $132.97. The firm has a market capitalization of $22.73 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52-week low of $109.87 and a 52-week high of $144.06.

SPDR S&P Dividend ETF Profile

(Free Report)

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.

Further Reading

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

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