Ehrlich Financial Group Buys 408 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Ehrlich Financial Group grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,955 shares of the company’s stock after acquiring an additional 408 shares during the period. Ehrlich Financial Group’s holdings in SPDR S&P Dividend ETF were worth $655,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Key Client Fiduciary Advisors LLC increased its holdings in SPDR S&P Dividend ETF by 3.7% in the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 2,720 shares of the company’s stock worth $386,000 after purchasing an additional 98 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of SPDR S&P Dividend ETF by 2.2% in the third quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock valued at $8,189,000 after buying an additional 1,222 shares during the period. Retirement Investment Advisors Inc. acquired a new position in shares of SPDR S&P Dividend ETF in the 2nd quarter worth approximately $2,198,000. CX Institutional boosted its stake in shares of SPDR S&P Dividend ETF by 4.0% in the 3rd quarter. CX Institutional now owns 66,854 shares of the company’s stock valued at $9,496,000 after purchasing an additional 2,580 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of SPDR S&P Dividend ETF by 2.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 97,397 shares of the company’s stock worth $12,387,000 after buying an additional 2,705 shares during the period.

SPDR S&P Dividend ETF Stock Up 0.9 %

SDY traded up $1.17 during trading on Monday, reaching $129.91. 302,924 shares of the stock traded hands, compared to its average volume of 480,282. The stock’s 50-day moving average is $137.58 and its 200 day moving average is $136.89. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45. The stock has a market capitalization of $20.55 billion, a PE ratio of 19.72 and a beta of 0.68.

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.