Astoria Portfolio Advisors LLC. Purchases 993 Shares of SPDR S&P Dividend ETF $SDY

Astoria Portfolio Advisors LLC. raised its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 22.7% during the second quarter, Holdings Channel reports. The fund owned 5,359 shares of the company’s stock after acquiring an additional 993 shares during the period. Astoria Portfolio Advisors LLC.’s holdings in SPDR S&P Dividend ETF were worth $748,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Mesirow Financial Investment Management Inc. raised its stake in shares of SPDR S&P Dividend ETF by 1.5% in the first quarter. Mesirow Financial Investment Management Inc. now owns 104,104 shares of the company’s stock worth $14,125,000 after buying an additional 1,491 shares during the period. Novem Group grew its holdings in SPDR S&P Dividend ETF by 0.3% during the 2nd quarter. Novem Group now owns 29,191 shares of the company’s stock valued at $3,962,000 after buying an additional 100 shares in the last quarter. Gunma Bank Ltd. grew its position in SPDR S&P Dividend ETF by 27.3% in the first quarter. Gunma Bank Ltd. now owns 65,300 shares of the company’s stock worth $8,860,000 after acquiring an additional 14,000 shares in the last quarter. Beacon Investment Advisory Services Inc. boosted its holdings in shares of SPDR S&P Dividend ETF by 16.2% in the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 2,863 shares of the company’s stock worth $389,000 after purchasing an additional 400 shares during the period. Finally, Destiny Wealth Partners LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 1.4% in the 2nd quarter. Destiny Wealth Partners LLC now owns 69,821 shares of the company’s stock worth $9,477,000 after purchasing an additional 933 shares during the period. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of SPDR S&P Dividend ETF stock opened at $137.47 on Monday. The stock has a market cap of $19.84 billion, a price-to-earnings ratio of 19.85 and a beta of 0.86. The stock has a 50 day moving average price of $139.99 and a 200-day moving average price of $136.11. SPDR S&P Dividend ETF has a one year low of $119.83 and a one year high of $144.45.

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.