Fifth Third Wealth Advisors LLC Purchases 8,393 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Fifth Third Wealth Advisors LLC raised its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 17.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 55,627 shares of the company’s stock after acquiring an additional 8,393 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $7,901,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fifth Third Securities Inc. lifted its position in SPDR S&P Dividend ETF by 7.9% during the second quarter. Fifth Third Securities Inc. now owns 12,567 shares of the company’s stock valued at $1,598,000 after purchasing an additional 922 shares in the last quarter. LRI Investments LLC purchased a new position in SPDR S&P Dividend ETF during the first quarter valued at approximately $492,000. Choreo LLC boosted its position in shares of SPDR S&P Dividend ETF by 6.7% in the second quarter. Choreo LLC now owns 20,387 shares of the company’s stock worth $2,568,000 after purchasing an additional 1,276 shares during the period. Bristlecone Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the second quarter worth $199,000. Finally, Forbes Financial Planning Inc. raised its position in shares of SPDR S&P Dividend ETF by 1.5% during the 2nd quarter. Forbes Financial Planning Inc. now owns 38,019 shares of the company’s stock valued at $4,835,000 after purchasing an additional 568 shares during the period.

SPDR S&P Dividend ETF Trading Up 0.5 %

NYSEARCA:SDY opened at $140.34 on Tuesday. The stock has a 50-day moving average price of $140.71 and a 200 day moving average price of $134.91. The stock has a market capitalization of $22.20 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12-month low of $117.25 and a 12-month high of $144.06.

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.