Fifth Third Wealth Advisors LLC Buys 775 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Fifth Third Wealth Advisors LLC raised its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,402 shares of the company’s stock after buying an additional 775 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $7,451,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Joel Isaacson & Co. LLC grew its position in SPDR S&P Dividend ETF by 1.2% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock valued at $349,702,000 after acquiring an additional 30,381 shares during the last quarter. International Assets Investment Management LLC lifted 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 worth $166,797,000 after acquiring an additional 1,165,660 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of SPDR S&P Dividend ETF by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after purchasing an additional 122,858 shares in the last quarter. Destination Wealth Management boosted its stake in shares of SPDR S&P Dividend ETF by 0.3% during the third quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock valued at $99,488,000 after purchasing an additional 2,366 shares in the last quarter. Finally, Creative Planning raised its stake in SPDR S&P Dividend ETF by 1.1% in the second quarter. Creative Planning now owns 461,739 shares of the company’s stock worth $58,724,000 after buying an additional 4,963 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $131.09 on Wednesday. The firm has a market capitalization of $20.74 billion, a P/E ratio of 19.72 and a beta of 0.68. The business’s 50-day moving average is $137.25 and its 200 day moving average is $136.94. SPDR S&P Dividend ETF has a 1 year low of $121.52 and a 1 year high of $144.45.

About SPDR S&P Dividend ETF

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.