SevenBridge Financial Group LLC Has $928,000 Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

SevenBridge Financial Group LLC lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,542 shares of the company’s stock after acquiring an additional 95 shares during the period. SevenBridge Financial Group LLC’s holdings in SPDR S&P Dividend ETF were worth $928,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in SDY. International Assets Investment Management LLC boosted its stake in SPDR S&P Dividend ETF by 13,497.7% in the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after buying an additional 1,165,660 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of SPDR S&P Dividend ETF by 283.2% during the 1st quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after purchasing an additional 509,007 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in SPDR S&P Dividend ETF by 114.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock worth $46,221,000 after purchasing an additional 194,290 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in SPDR S&P Dividend ETF by 4,418.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock valued at $11,280,000 after purchasing an additional 86,729 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in SPDR S&P Dividend ETF in the second quarter valued at approximately $10,044,000.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $142.31 on Friday. SPDR S&P Dividend ETF has a 52-week low of $118.33 and a 52-week high of $144.06. The company has a market capitalization of $22.51 billion, a PE ratio of 19.72 and a beta of 0.68. The company has a fifty day moving average of $140.83 and a 200-day moving average of $135.19.

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.