Winebrenner Capital Management LLC Acquires Shares of 9,643 SPDR S&P Dividend ETF (NYSEARCA:SDY)

Winebrenner Capital Management LLC purchased a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 9,643 shares of the company’s stock, valued at approximately $1,274,000. SPDR S&P Dividend ETF makes up about 1.0% of Winebrenner Capital Management LLC’s holdings, making the stock its 28th largest position.

Several other institutional investors also recently modified their holdings of the stock. Element Wealth LLC increased its stake in shares of SPDR S&P Dividend ETF by 16.5% in the fourth quarter. Element Wealth LLC now owns 2,221 shares of the company’s stock valued at $293,000 after buying an additional 314 shares during the period. LifeSteps Financial Inc. grew its stake in shares of SPDR S&P Dividend ETF by 1.9% in the fourth quarter. LifeSteps Financial Inc. now owns 29,121 shares of the company’s stock worth $3,847,000 after purchasing an additional 536 shares during the last quarter. Centricity Wealth Management LLC acquired a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $129,000. Capital Investment Counsel Inc acquired a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $49,000. Finally, Parcion Private Wealth LLC raised its position in SPDR S&P Dividend ETF by 15.7% during the 4th quarter. Parcion Private Wealth LLC now owns 7,850 shares of the company’s stock worth $1,037,000 after purchasing an additional 1,068 shares during the last quarter.

SPDR S&P Dividend ETF Trading Down 0.1 %

Shares of SDY stock opened at $136.54 on Friday. The stock has a 50-day moving average of $133.45 and a 200-day moving average of $137.52. The stock has a market cap of $21.60 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1-year low of $124.37 and a 1-year high of $144.45.

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.