SPDR S&P Dividend ETF (NYSEARCA:SDY) Stake Lifted by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp increased its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,824 shares of the company’s stock after acquiring an additional 200 shares during the period. Noesis Capital Mangement Corp’s holdings in SPDR S&P Dividend ETF were worth $1,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Ritholtz Wealth Management boosted its position in SPDR S&P Dividend ETF by 9.7% during the 4th quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock worth $755,000 after acquiring an additional 505 shares during the period. Empowered Funds LLC acquired a new position in SPDR S&P Dividend ETF during the 4th quarter worth $67,000. Franklin Resources Inc. boosted its position in SPDR S&P Dividend ETF by 2.2% during the 3rd quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock worth $8,189,000 after acquiring an additional 1,222 shares during the period. FSA Wealth Management LLC acquired a new position in SPDR S&P Dividend ETF during the 3rd quarter worth $3,488,000. Finally, Citigroup Inc. boosted its position in SPDR S&P Dividend ETF by 16.0% during the 3rd quarter. Citigroup Inc. now owns 25,758 shares of the company’s stock worth $3,659,000 after acquiring an additional 3,551 shares during the period.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $138.29 on Friday. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year high of $144.45. The stock has a fifty day moving average of $133.71 and a two-hundred day moving average of $137.71. The firm has a market capitalization of $20.69 billion, a PE ratio of 21.48 and a beta of 0.88.

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.