Wrenne Financial Planning LLC Makes New Investment in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Wrenne Financial Planning LLC purchased a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,480 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors also recently bought and sold shares of SDY. Capital Performance Advisors LLP purchased a new position in SPDR S&P Dividend ETF during the 3rd quarter worth approximately $31,000. JNBA Financial Advisors purchased a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $32,000. Russell Investments Group Ltd. increased its holdings in shares of 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 in the last quarter. Opal Wealth Advisors LLC purchased a new position in shares of SPDR S&P Dividend ETF during the 2nd quarter valued at approximately $34,000. Finally, Assetmark Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

NYSEARCA:SDY opened at $141.29 on Friday. The firm has a market cap of $22.35 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The company has a 50 day moving average price of $140.79 and a 200-day moving average price of $135.06. SPDR S&P Dividend ETF has a 1-year low of $118.30 and a 1-year high of $144.06.

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.