SPDR S&P Dividend ETF (SDY) Holdings Lifted by WealthTrust Arizona LLC

WealthTrust Arizona LLC raised its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 33.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,195 shares of the company’s stock after buying an additional 18,973 shares during the period. SPDR S&P Dividend ETF comprises 3.6% of WealthTrust Arizona LLC’s investment portfolio, making the stock its 10th largest position. WealthTrust Arizona LLC’s holdings in SPDR S&P Dividend ETF were worth $7,462,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Cornerstone Wealth Management LLC lifted its position in SPDR S&P Dividend ETF by 61,823.7% during the second quarter. Cornerstone Wealth Management LLC now owns 6,701,997 shares of the company’s stock valued at $72,390,000 after buying an additional 6,691,174 shares in the last quarter. Raymond James & Associates lifted its position in SPDR S&P Dividend ETF by 3.9% during the second quarter. Raymond James & Associates now owns 3,705,839 shares of the company’s stock valued at $343,532,000 after buying an additional 138,210 shares in the last quarter. Financial Counselors Inc. lifted its position in SPDR S&P Dividend ETF by 880.1% during the second quarter. Financial Counselors Inc. now owns 1,806,780 shares of the company’s stock valued at $16,749,000 after buying an additional 1,622,433 shares in the last quarter. Capital Investment Advisors LLC lifted its position in SPDR S&P Dividend ETF by 1.2% during the third quarter. Capital Investment Advisors LLC now owns 1,118,010 shares of the company’s stock valued at $109,631,000 after buying an additional 12,812 shares in the last quarter. Finally, Destination Wealth Management lifted its position in SPDR S&P Dividend ETF by 2.2% during the second quarter. Destination Wealth Management now owns 774,825 shares of the company’s stock valued at $71,826,000 after buying an additional 16,981 shares in the last quarter.

SDY stock traded down $0.06 during midday trading on Wednesday, reaching $94.76. 484,799 shares of the company’s stock traded hands, compared to its average volume of 496,201. SPDR S&P Dividend ETF has a fifty-two week low of $87.95 and a fifty-two week high of $100.07.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 26th. Shareholders of record on Monday, September 24th were given a dividend of $0.5951 per share. The ex-dividend date of this dividend was Friday, September 21st. This represents a $2.38 dividend on an annualized basis and a yield of 2.51%.

SPDR S&P Dividend ETF Company 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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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