Perigon Wealth Management LLC Buys 1,733 Shares of SPDR S&P Dividend ETF $SDY

Perigon Wealth Management LLC increased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,749 shares of the company’s stock after purchasing an additional 1,733 shares during the period. Perigon Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $3,223,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Oliver Lagore Vanvalin Investment Group purchased a new stake in SPDR S&P Dividend ETF during the 2nd quarter valued at $40,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in SPDR S&P Dividend ETF by 350.0% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 315 shares of the company’s stock worth $43,000 after acquiring an additional 245 shares in the last quarter. Crews Bank & Trust lifted its stake in shares of SPDR S&P Dividend ETF by 98.2% during the 1st quarter. Crews Bank & Trust now owns 327 shares of the company’s stock worth $44,000 after purchasing an additional 162 shares during the last quarter. Briaud Financial Planning Inc purchased a new stake in SPDR S&P Dividend ETF during the 1st quarter worth approximately $45,000. Finally, Wealth Preservation Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the first quarter worth $50,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Up 0.9%

SDY stock opened at $139.33 on Friday. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $144.45. The stock has a market capitalization of $20.39 billion, a P/E ratio of 19.85 and a beta of 0.86. The firm has a 50-day simple moving average of $139.80 and a 200-day simple moving average of $135.74.

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.