H&H Retirement Design & Management INC Increases Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

H&H Retirement Design & Management INC lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 10,205 shares of the company’s stock after buying an additional 413 shares during the quarter. SPDR S&P Dividend ETF comprises 0.8% of H&H Retirement Design & Management INC’s holdings, making the stock its 25th biggest position. H&H Retirement Design & Management INC’s holdings in SPDR S&P Dividend ETF were worth $1,393,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of SDY. N.E.W. Advisory Services LLC increased its position in SPDR S&P Dividend ETF by 1.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock worth $914,000 after purchasing an additional 76 shares during the last quarter. Avidian Wealth Enterprises LLC increased its position in SPDR S&P Dividend ETF by 4.9% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 1,617 shares of the company’s stock worth $214,000 after purchasing an additional 76 shares during the last quarter. Good Life Advisors LLC increased its position in SPDR S&P Dividend ETF by 1.4% during the fourth quarter. Good Life Advisors LLC now owns 5,665 shares of the company’s stock worth $748,000 after purchasing an additional 79 shares during the last quarter. Creekmur Asset Management LLC increased its position in SPDR S&P Dividend ETF by 0.7% during the fourth quarter. Creekmur Asset Management LLC now owns 11,357 shares of the company’s stock worth $1,500,000 after purchasing an additional 80 shares during the last quarter. Finally, Rebalance LLC increased its position in SPDR S&P Dividend ETF by 0.8% during the fourth quarter. Rebalance LLC now owns 10,955 shares of the company’s stock worth $1,447,000 after purchasing an additional 85 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $133.04 on Friday. SPDR S&P Dividend ETF has a one year low of $119.83 and a one year high of $144.45. The company has a 50 day moving average price of $131.53 and a 200 day moving average price of $134.57. The firm has a market capitalization of $19.68 billion, a price-to-earnings ratio of 20.65 and a beta of 0.81.

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.