One Degree Advisors Inc Buys Shares of 1,458 SPDR S&P Dividend ETF (NYSEARCA:SDY)

One Degree Advisors Inc purchased a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the third quarter, Holdings Channel.com reports. The fund purchased 1,458 shares of the company’s stock, valued at approximately $206,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Cetera Investment Advisers boosted its position in SPDR S&P Dividend ETF by 283.2% in the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after buying an additional 509,007 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in SPDR S&P Dividend ETF by 114.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock worth $46,221,000 after acquiring an additional 194,290 shares during the last quarter. Strategic Financial Concepts LLC grew its position in SPDR S&P Dividend ETF by 4,418.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock worth $11,280,000 after acquiring an additional 86,729 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in SPDR S&P Dividend ETF in the 2nd quarter worth about $10,044,000. Finally, Prosperity Consulting Group LLC raised its position in SPDR S&P Dividend ETF by 144.5% in the first quarter. Prosperity Consulting Group LLC now owns 129,121 shares of the company’s stock valued at $16,946,000 after purchasing an additional 76,309 shares during the last quarter.

SPDR S&P Dividend ETF Trading Up 0.4 %

Shares of SDY stock opened at $143.68 on Monday. The firm has a market capitalization of $22.73 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The business’s 50-day moving average price is $139.50 and its 200-day moving average price is $133.01. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $144.06.

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.