World Investment Advisors Has $11.14 Million Stock Holdings in SPDR S&P Dividend ETF $SDY

World Investment Advisors lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.2% during the 4th quarter, Holdings Channel reports. The firm owned 80,205 shares of the company’s stock after purchasing an additional 6,744 shares during the quarter. World Investment Advisors’ holdings in SPDR S&P Dividend ETF were worth $11,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of SDY. CVA Family Office LLC boosted its holdings 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 worth $28,000 after buying an additional 75 shares during the period. Flagship Wealth Advisors LLC boosted its holdings 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 worth $28,000 after buying an additional 175 shares during the period. Compass Financial Services Inc bought a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth about $29,000. Delos Wealth Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth about $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth about $34,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $147.92 on Wednesday. The company has a market capitalization of $21.65 billion, a price-to-earnings ratio of 19.85 and a beta of 0.71. The company has a 50-day simple moving average of $148.08 and a 200 day simple moving average of $145.22. SPDR S&P Dividend ETF has a 52 week low of $131.96 and a 52 week high of $156.39.

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