Ellenbecker Investment Group Raises Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Ellenbecker Investment Group boosted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Get Rating) by 5.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,741 shares of the company’s stock after acquiring an additional 1,113 shares during the quarter. SPDR S&P Dividend ETF accounts for about 0.8% of Ellenbecker Investment Group’s investment portfolio, making the stock its 15th largest holding. Ellenbecker Investment Group’s holdings in SPDR S&P Dividend ETF were worth $2,657,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. Tyler Stone Wealth Management purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter worth approximately $51,000. National Bank of Canada FI purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter worth approximately $5,963,000. Strategic Wealth Advisors Group LLC lifted its holdings in SPDR S&P Dividend ETF by 15.3% in the 4th quarter. Strategic Wealth Advisors Group LLC now owns 65,351 shares of the company’s stock worth $8,431,000 after buying an additional 8,691 shares during the period. Sigma Planning Corp lifted its holdings in SPDR S&P Dividend ETF by 8.4% in the 4th quarter. Sigma Planning Corp now owns 23,158 shares of the company’s stock worth $2,990,000 after buying an additional 1,787 shares during the period. Finally, Howland Capital Management LLC purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter worth approximately $208,000.

NYSEARCA SDY opened at $116.61 on Thursday. SPDR S&P Dividend ETF has a fifty-two week low of $113.22 and a fifty-two week high of $133.22. The stock has a 50 day simple moving average of $124.47 and a two-hundred day simple moving average of $125.94.

SPDR S&P Dividend ETF Company Profile (Get Rating)

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.

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