SPDR S&P Dividend ETF $SDY Holdings Lifted by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13,473.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,653 shares of the company’s stock after buying an additional 25,464 shares during the period. Laurel Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $3,482,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Rebalance LLC grew its stake in SPDR S&P Dividend ETF by 0.7% during the 2nd quarter. Rebalance LLC now owns 11,098 shares of the company’s stock valued at $1,506,000 after acquiring an additional 76 shares in the last quarter. Wealth Advisory Solutions LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 3.1% during the second quarter. Wealth Advisory Solutions LLC now owns 2,584 shares of the company’s stock worth $351,000 after purchasing an additional 78 shares during the period. Focus Financial Network Inc. grew its position in SPDR S&P Dividend ETF by 0.5% during the second quarter. Focus Financial Network Inc. now owns 15,561 shares of the company’s stock valued at $2,112,000 after purchasing an additional 81 shares in the last quarter. HTG Investment Advisors Inc. grew its position in SPDR S&P Dividend ETF by 2.6% during the second quarter. HTG Investment Advisors Inc. now owns 3,265 shares of the company’s stock valued at $443,000 after purchasing an additional 82 shares in the last quarter. Finally, Daymark Wealth Partners LLC increased its stake in SPDR S&P Dividend ETF by 0.8% in the 2nd quarter. Daymark Wealth Partners LLC now owns 10,987 shares of the company’s stock valued at $1,491,000 after buying an additional 84 shares during the period. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Up 0.6%

SDY stock opened at $140.18 on Friday. The company has a 50 day moving average of $138.62 and a two-hundred day moving average of $138.06. The company has a market cap of $20.16 billion, a price-to-earnings ratio of 19.85 and a beta of 0.79. 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.