Avidian Wealth Enterprises LLC Buys 76 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Avidian Wealth Enterprises LLC lifted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,617 shares of the company’s stock after acquiring an additional 76 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in SPDR S&P Dividend ETF were worth $214,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Capital Performance Advisors LLP bought a new position in shares of SPDR S&P Dividend ETF in the third quarter worth about $31,000. JNBA Financial Advisors acquired a new stake in SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $32,000. Assetmark Inc. increased its position in SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after buying an additional 167 shares during the period. Strategic Investment Solutions Inc. IL lifted its holdings in shares of SPDR S&P Dividend ETF by 113.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after buying an additional 140 shares during the last quarter. Finally, ST Germain D J Co. Inc. acquired a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $38,000.

SPDR S&P Dividend ETF Trading Down 0.5 %

Shares of SPDR S&P Dividend ETF stock opened at $134.26 on Friday. SPDR S&P Dividend ETF has a 1 year low of $123.32 and a 1 year high of $144.45. The company’s fifty day simple moving average is $133.89 and its 200-day simple moving average is $137.49. The company has a market cap of $21.24 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.