ORG Wealth Partners LLC Acquires 3,546 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

ORG Wealth Partners LLC boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3,377.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,651 shares of the company’s stock after acquiring an additional 3,546 shares during the period. ORG Wealth Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SDY. Glass Jacobson Investment Advisors llc bought a new position in SPDR S&P Dividend ETF during the 4th quarter worth about $26,000. Colonial Trust Advisors bought a new position in SPDR S&P Dividend ETF during the 4th quarter worth about $29,000. Kestra Investment Management LLC bought a new position in SPDR S&P Dividend ETF during the 4th quarter worth about $31,000. Noble Wealth Management PBC bought a new position in SPDR S&P Dividend ETF during the 4th quarter worth about $32,000. Finally, Rialto Wealth Management LLC bought a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter valued at about $34,000.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $133.98 on Thursday. SPDR S&P Dividend ETF has a fifty-two week low of $119.83 and a fifty-two week high of $144.45. The stock has a market capitalization of $19.73 billion, a P/E ratio of 20.59 and a beta of 0.80. The company’s 50-day simple moving average is $132.75 and its 200-day simple moving average is $133.78.

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.