Sacks & Associates LLC Makes New Investment in SPDR S&P Dividend ETF $SDY

Sacks & Associates LLC acquired a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,129 shares of the company’s stock, valued at approximately $605,000.

Several other large investors also recently modified their holdings of the stock. Godsey & Gibb Inc. boosted its holdings in shares of SPDR S&P Dividend ETF by 4.0% during the 1st quarter. Godsey & Gibb Inc. now owns 1,838 shares of the company’s stock worth $268,000 after buying an additional 70 shares during the period. Ritholtz Wealth Management raised its holdings in SPDR S&P Dividend ETF by 1.3% in the 1st quarter. Ritholtz Wealth Management now owns 5,534 shares of the company’s stock valued at $808,000 after acquiring an additional 71 shares during the period. Bangor Savings Bank lifted its position in SPDR S&P Dividend ETF by 5.6% during the second quarter. Bangor Savings Bank now owns 1,481 shares of the company’s stock worth $225,000 after acquiring an additional 79 shares during the last quarter. Pittenger & Anderson Inc. lifted its position in SPDR S&P Dividend ETF by 3.9% during the first quarter. Pittenger & Anderson Inc. now owns 2,136 shares of the company’s stock worth $312,000 after acquiring an additional 80 shares during the last quarter. Finally, RFG Bristol Wealth Advisors LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 5.6% during the first quarter. RFG Bristol Wealth Advisors LLC now owns 1,589 shares of the company’s stock worth $232,000 after acquiring an additional 84 shares during the period. 43.42% of the stock is owned by institutional investors.

SPDR S&P Dividend ETF Trading Down 0.2%

SPDR S&P Dividend ETF stock opened at $149.04 on Friday. The company has a market capitalization of $20.72 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 12 month low of $135.30 and a 12 month high of $160.29. The stock’s 50 day moving average is $153.84 and its 200-day moving average is $151.44.

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.