MidAtlantic Capital Management Inc. Makes New $352,000 Investment in SPDR S&P Dividend ETF (NYSEARCA:SDY)

MidAtlantic Capital Management Inc. bought a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,479 shares of the company’s stock, valued at approximately $352,000.

A number of other large investors have also recently modified their holdings of the business. Coston McIsaac & Partners boosted its position in shares of SPDR S&P Dividend ETF by 0.5% during the third quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock valued at $2,058,000 after purchasing an additional 72 shares in the last quarter. Marshall Financial Group LLC boosted its position in shares of SPDR S&P Dividend ETF by 3.7% during the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock valued at $290,000 after purchasing an additional 73 shares in the last quarter. WealthBridge Capital Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 1.8% during the third quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock valued at $595,000 after purchasing an additional 75 shares in the last quarter. M3 Advisory Group LLC boosted its position in shares of SPDR S&P Dividend ETF by 2.1% during the third quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock valued at $519,000 after purchasing an additional 76 shares in the last quarter. Finally, Great Valley Advisor Group Inc. boosted its position in shares of SPDR S&P Dividend ETF by 0.8% during the second quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock valued at $1,204,000 after purchasing an additional 77 shares in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.2 %

SPDR S&P Dividend ETF stock opened at $139.67 on Monday. The business’s fifty day simple moving average is $140.68 and its two-hundred day simple moving average is $134.82. SPDR S&P Dividend ETF has a 12 month low of $117.25 and a 12 month high of $144.06. The company has a market capitalization of $22.10 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.