Aire Advisors LLC Acquires New Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Aire Advisors LLC acquired a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,438 shares of the company’s stock, valued at approximately $454,000.

A number of other institutional investors have also recently bought and sold shares of SDY. N.E.W. Advisory Services LLC raised its holdings in shares of SPDR S&P Dividend ETF by 1.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock worth $914,000 after acquiring an additional 76 shares during the period. Avidian Wealth Enterprises LLC increased its holdings in SPDR S&P Dividend ETF by 4.9% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 1,617 shares of the company’s stock worth $214,000 after purchasing an additional 76 shares in the last quarter. Good Life Advisors LLC raised its stake in shares of SPDR S&P Dividend ETF by 1.4% in the 4th quarter. Good Life Advisors LLC now owns 5,665 shares of the company’s stock valued at $748,000 after purchasing an additional 79 shares during the period. Rebalance LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 0.8% in the fourth quarter. Rebalance LLC now owns 10,955 shares of the company’s stock valued at $1,447,000 after purchasing an additional 85 shares in the last quarter. Finally, Smart Money Group LLC boosted its position in shares of SPDR S&P Dividend ETF by 0.7% during the fourth quarter. Smart Money Group LLC now owns 12,547 shares of the company’s stock worth $1,658,000 after buying an additional 86 shares during the period.

SPDR S&P Dividend ETF Stock Up 0.1 %

NYSEARCA:SDY opened at $134.38 on Tuesday. The business has a 50 day moving average price of $135.01 and a two-hundred day moving average price of $137.52. The company has a market cap of $20.00 billion, a P/E ratio of 20.91 and a beta of 0.87. SPDR S&P Dividend ETF has a twelve month low of $124.37 and a twelve month high of $144.45.

SPDR S&P Dividend ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be given a dividend of $0.8184 per share. The ex-dividend date is Monday, March 24th.

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.