Earned Wealth Advisors LLC Raises Holdings in SPDR S&P Dividend ETF $SDY

Earned Wealth Advisors LLC grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1,477.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,163 shares of the company’s stock after buying an additional 51,665 shares during the quarter. Earned Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $7,676,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SDY. CVA Family Office LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 60.0% in 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 raised its position in shares of SPDR S&P Dividend ETF by 625.0% in the 3rd quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after acquiring an additional 175 shares in the last quarter. Compass Financial Services Inc bought a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter worth $29,000. Delos Wealth Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter worth $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth $34,000. 43.42% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Stock Performance

SDY opened at $149.05 on Monday. The firm has a market cap of $21.08 billion, a price-to-earnings ratio of 19.85 and a beta of 0.74. SPDR S&P Dividend ETF has a 12 month low of $126.08 and a 12 month high of $156.39. The stock has a fifty day moving average price of $149.98 and a 200-day moving average price of $144.28.

SPDR S&P Dividend ETF Company 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.