Perigon Wealth Management LLC Has $620,000 Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Perigon Wealth Management LLC raised its position in SPDR S&P Dividend ETF (NYSEARCA:SDY – Get Rating) by 2.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,563 shares of the company’s stock after buying an additional 128 shares during the quarter. Perigon Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $620,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. United Bank lifted its position in shares of SPDR S&P Dividend ETF by 3.8% during the 1st quarter. United Bank now owns 31,716 shares of the company’s stock valued at $4,063,000 after acquiring an additional 1,169 shares during the period. Citigroup Inc. lifted its position in shares of SPDR S&P Dividend ETF by 15.3% during the 1st quarter. Citigroup Inc. now owns 27,959 shares of the company’s stock valued at $3,582,000 after acquiring an additional 3,702 shares during the period. Blair William & Co. IL lifted its position in shares of SPDR S&P Dividend ETF by 3.4% during the 1st quarter. Blair William & Co. IL now owns 73,269 shares of the company’s stock valued at $9,386,000 after acquiring an additional 2,390 shares during the period. Baird Financial Group Inc. lifted its position in shares of SPDR S&P Dividend ETF by 2.3% during the 1st quarter. Baird Financial Group Inc. now owns 178,415 shares of the company’s stock valued at $22,857,000 after acquiring an additional 3,996 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its position in shares of SPDR S&P Dividend ETF by 51.7% during the 1st quarter. Brown Brothers Harriman & Co. now owns 1,183 shares of the company’s stock valued at $152,000 after acquiring an additional 403 shares during the period.

SPDR S&P Dividend ETF Stock Down 1.7 %

Shares of SDY stock opened at $118.75 on Friday. SPDR S&P Dividend ETF has a twelve month low of $110.55 and a twelve month high of $133.22. The company has a market cap of $24.21 billion, a P/E ratio of 14.72 and a beta of 0.86. The business has a fifty day simple moving average of $126.96 and a 200 day simple moving average of $124.36.

SPDR S&P Dividend ETF Profile

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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.