SlateStone Wealth LLC Buys 1,781 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

SlateStone Wealth LLC boosted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 25.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,855 shares of the company’s stock after acquiring an additional 1,781 shares during the period. SlateStone Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $1,170,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SDY. Avion Wealth boosted its holdings in SPDR S&P Dividend ETF by 164.5% in the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after acquiring an additional 125 shares in the last quarter. Kestra Investment Management LLC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $31,000. Noble Wealth Management PBC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $32,000. Rialto Wealth Management LLC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $34,000. Finally, Assetmark Inc. boosted its holdings in SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares in the last quarter.

SPDR S&P Dividend ETF Stock Up 1.1 %

NYSEARCA:SDY opened at $134.62 on Monday. SPDR S&P Dividend ETF has a twelve month low of $124.37 and a twelve month high of $144.45. The stock has a market cap of $20.03 billion, a P/E ratio of 20.91 and a beta of 0.87. The firm’s fifty day simple moving average is $134.42 and its 200 day simple moving average is $137.69.

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.