Atomi Financial Group Inc. Boosts Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Atomi Financial Group Inc. grew its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,249 shares of the company’s stock after buying an additional 199 shares during the period. Atomi Financial Group Inc.’s holdings in SPDR S&P Dividend ETF were worth $561,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Charles Schwab Trust Co raised its stake in SPDR S&P Dividend ETF by 33.6% during the 4th quarter. Charles Schwab Trust Co now owns 19,020 shares of the company’s stock valued at $2,513,000 after purchasing an additional 4,786 shares during the period. Pure Financial Advisors LLC raised its stake in SPDR S&P Dividend ETF by 46.1% during the 4th quarter. Pure Financial Advisors LLC now owns 3,666 shares of the company’s stock valued at $484,000 after purchasing an additional 1,157 shares during the period. Cove Private Wealth LLC bought a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at approximately $943,000. Mitchell Mcleod Pugh & Williams Inc. raised its stake in SPDR S&P Dividend ETF by 5.5% during the 4th quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 7,678 shares of the company’s stock valued at $1,014,000 after purchasing an additional 401 shares during the period. Finally, Zhang Financial LLC bought a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at approximately $2,214,000.

SPDR S&P Dividend ETF Trading Up 0.4 %

Shares of SDY opened at $133.92 on Friday. The business’s 50 day moving average is $136.34 and its 200 day moving average is $137.16. The company has a market capitalization of $21.19 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12-month low of $121.52 and a 12-month high of $144.45.

SPDR S&P Dividend ETF 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.