Denver Wealth Management Inc. Has $4.46 Million Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Denver Wealth Management Inc. grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,366 shares of the company’s stock after buying an additional 1,008 shares during the quarter. SPDR S&P Dividend ETF makes up approximately 2.1% of Denver Wealth Management Inc.’s portfolio, making the stock its 12th largest position. Denver Wealth Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $4,455,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Marshall Financial Group LLC lifted its position in shares of SPDR S&P Dividend ETF by 3.7% in the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock worth $290,000 after purchasing an additional 73 shares in the last quarter. WealthBridge Capital Management LLC raised its position in shares of SPDR S&P Dividend ETF by 1.8% in the third quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock valued at $595,000 after purchasing an additional 75 shares during the period. M3 Advisory Group LLC raised its position in shares of SPDR S&P Dividend ETF by 2.1% in the third quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock valued at $519,000 after purchasing an additional 76 shares during the period. Great Valley Advisor Group Inc. raised its position in shares of SPDR S&P Dividend ETF by 0.8% in the second quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock valued at $1,204,000 after purchasing an additional 77 shares during the period. Finally, Vantage Financial Partners LLC raised its position in shares of SPDR S&P Dividend ETF by 2.3% in the second quarter. Vantage Financial Partners LLC now owns 3,584 shares of the company’s stock valued at $456,000 after purchasing an additional 80 shares during the period.

SPDR S&P Dividend ETF Stock Down 0.7 %

Shares of NYSEARCA:SDY traded down $0.97 during trading on Monday, reaching $142.71. The stock had a trading volume of 94,814 shares, compared to its average volume of 288,223. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $144.06. The firm has a market capitalization of $22.58 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The stock has a fifty day simple moving average of $139.50 and a two-hundred day simple moving average of $133.01.

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.