Kingswood Wealth Advisors LLC Grows Holdings in SPDR S&P Dividend ETF $SDY

Kingswood Wealth Advisors LLC grew its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 23.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,277 shares of the company’s stock after buying an additional 8,081 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $5,883,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CVA Family Office LLC boosted its stake in shares of SPDR S&P Dividend ETF by 60.0% during the 3rd quarter. CVA Family Office LLC now owns 200 shares of the company’s stock valued at $28,000 after buying an additional 75 shares during the last quarter. Flagship Wealth Advisors LLC raised its position in shares of SPDR S&P Dividend ETF by 625.0% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after acquiring an additional 175 shares in the last quarter. Compass Financial Services Inc bought a new position in SPDR S&P Dividend ETF during the third quarter worth $29,000. Delos Wealth Advisors LLC bought a new position in SPDR S&P Dividend ETF during the third quarter worth $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in SPDR S&P Dividend ETF during the fourth quarter worth $34,000. 43.42% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $148.00 on Wednesday. The business’s fifty day moving average price is $149.78 and its 200 day moving average price is $144.40. SPDR S&P Dividend ETF has a 12-month low of $128.01 and a 12-month high of $156.39. The stock has a market capitalization of $20.93 billion, a PE ratio of 19.85 and a beta of 0.74.

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