MGO One Seven LLC Raises Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

MGO One Seven LLC boosted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,342 shares of the company’s stock after buying an additional 580 shares during the quarter. MGO One Seven LLC’s holdings in SPDR S&P Dividend ETF were worth $2,159,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Avion Wealth raised its holdings in shares of SPDR S&P Dividend ETF by 164.5% in the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares during the period. Glass Jacobson Investment Advisors llc bought a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter valued at $26,000. Colonial Trust Advisors purchased a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $29,000. Kestra Investment Management LLC bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth $31,000. Finally, Noble Wealth Management PBC purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter worth about $32,000.

SPDR S&P Dividend ETF Stock Up 0.5 %

Shares of NYSEARCA:SDY opened at $130.49 on Friday. The firm has a market capitalization of $19.29 billion, a PE ratio of 20.17 and a beta of 0.80. The company has a 50-day moving average price of $132.96 and a two-hundred day moving average price of $135.74. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $144.45.

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.