Leo Wealth LLC Acquires 171 Shares of SPDR S&P Dividend ETF $SDY

Leo Wealth LLC raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,173 shares of the company’s stock after purchasing an additional 171 shares during the period. Leo Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $295,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Joel Isaacson & Co. LLC boosted its holdings in SPDR S&P Dividend ETF by 3.4% in the 2nd quarter. Joel Isaacson & Co. LLC now owns 2,644,937 shares of the company’s stock valued at $358,997,000 after purchasing an additional 86,679 shares during the period. Royal Bank of Canada raised its position in shares of SPDR S&P Dividend ETF by 0.9% in the 1st quarter. Royal Bank of Canada now owns 2,371,561 shares of the company’s stock valued at $321,773,000 after buying an additional 20,594 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of SPDR S&P Dividend ETF by 0.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,112,558 shares of the company’s stock valued at $150,952,000 after buying an additional 8,613 shares in the last quarter. Cetera Investment Advisers raised its position in shares of SPDR S&P Dividend ETF by 0.6% in the 1st quarter. Cetera Investment Advisers now owns 695,720 shares of the company’s stock valued at $94,395,000 after buying an additional 3,830 shares in the last quarter. Finally, Elk River Wealth Management LLC raised its position in shares of SPDR S&P Dividend ETF by 0.6% in the 2nd quarter. Elk River Wealth Management LLC now owns 413,123 shares of the company’s stock valued at $56,074,000 after buying an additional 2,487 shares in the last quarter. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Trading Down 1.1%

Shares of NYSEARCA:SDY opened at $137.47 on Friday. The firm has a 50 day moving average of $139.99 and a 200-day moving average of $136.10. The stock has a market capitalization of $19.86 billion, a PE ratio of 19.85 and a beta of 0.86. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $144.45.

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.