SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by Congress Wealth Management LLC DE

Congress Wealth Management LLC DE increased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,964 shares of the company’s stock after acquiring an additional 1,440 shares during the period. Congress Wealth Management LLC DE’s holdings in SPDR S&P Dividend ETF were worth $4,090,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ritholtz Wealth Management raised its position in SPDR S&P Dividend ETF by 9.7% in the 4th quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock valued at $755,000 after purchasing an additional 505 shares in the last quarter. Empowered Funds LLC acquired a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $67,000. Franklin Resources Inc. raised its holdings in SPDR S&P Dividend ETF by 2.2% in the third quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock valued at $8,189,000 after acquiring an additional 1,222 shares in the last quarter. FSA Wealth Management LLC purchased a new position in SPDR S&P Dividend ETF in the third quarter worth approximately $3,488,000. Finally, Citigroup Inc. grew its holdings in SPDR S&P Dividend ETF by 16.0% during the 3rd quarter. Citigroup Inc. now owns 25,758 shares of the company’s stock worth $3,659,000 after acquiring an additional 3,551 shares in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.5 %

Shares of SDY opened at $133.68 on Wednesday. The firm has a market capitalization of $19.89 billion, a price-to-earnings ratio of 20.91 and a beta of 0.87. The firm’s fifty day simple moving average is $135.06 and its 200-day simple moving average is $137.49. SPDR S&P Dividend ETF has a twelve month low of $124.37 and a twelve month high of $144.45.

SPDR S&P Dividend ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be paid a $0.8184 dividend. The ex-dividend date is Monday, March 24th.

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.