Wealth Enhancement Advisory Services LLC Raises Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Wealth Enhancement Advisory Services LLC grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 370,787 shares of the company’s stock after purchasing an additional 1,962 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.25% of SPDR S&P Dividend ETF worth $50,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of SDY. Glass Jacobson Investment Advisors llc purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter worth $26,000. Colonial Trust Advisors bought a new position in shares of SPDR S&P Dividend ETF in the fourth quarter worth about $29,000. Kestra Investment Management LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth about $31,000. Noble Wealth Management PBC purchased a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth about $32,000. Finally, Rialto Wealth Management LLC bought a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at approximately $34,000.

SPDR S&P Dividend ETF Trading Down 0.0%

NYSEARCA SDY opened at $133.94 on Friday. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $144.45. The stock has a market cap of $19.72 billion, a PE ratio of 20.59 and a beta of 0.80. The stock’s 50 day moving average is $133.02 and its 200 day moving average is $133.66.

About SPDR S&P Dividend ETF

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.