SPDR S&P Dividend ETF $SDY Shares Bought by Wolff Financial Management LLC

Wolff Financial Management LLC raised its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.8% in the 4th quarter, Holdings Channel reports. The fund owned 254,175 shares of the company’s stock after purchasing an additional 6,936 shares during the period. SPDR S&P Dividend ETF accounts for 8.0% of Wolff Financial Management LLC’s holdings, making the stock its 4th biggest holding. Wolff Financial Management LLC’s holdings in SPDR S&P Dividend ETF were worth $35,371,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SDY. Brighton Jones LLC grew its position in SPDR S&P Dividend ETF by 404.5% in the fourth quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock valued at $2,443,000 after acquiring an additional 14,829 shares in the last quarter. AQR Capital Management LLC grew its position in SPDR S&P Dividend ETF by 49.5% in the first quarter. AQR Capital Management LLC now owns 7,936 shares of the company’s stock valued at $1,077,000 after acquiring an additional 2,627 shares in the last quarter. First Trust Advisors LP grew its position in SPDR S&P Dividend ETF by 30.4% in the second quarter. First Trust Advisors LP now owns 32,141 shares of the company’s stock valued at $4,362,000 after acquiring an additional 7,493 shares in the last quarter. NewEdge Advisors LLC grew its position in SPDR S&P Dividend ETF by 3.5% in the second quarter. NewEdge Advisors LLC now owns 65,223 shares of the company’s stock valued at $8,853,000 after acquiring an additional 2,192 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in SPDR S&P Dividend ETF by 4.0% in the second quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock valued at $425,298,000 after acquiring an additional 119,562 shares in the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Up 1.2%

Shares of NYSEARCA:SDY opened at $147.81 on Tuesday. SPDR S&P Dividend ETF has a 52-week low of $131.96 and a 52-week high of $156.39. The company has a 50 day moving average of $147.51 and a two-hundred day moving average of $145.43. The company has a market capitalization of $21.63 billion, a price-to-earnings ratio of 19.85 and a beta of 0.71.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.