Vertex Planning Partners LLC Acquires 149 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Vertex Planning Partners LLC boosted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,546 shares of the company’s stock after buying an additional 149 shares during the quarter. Vertex Planning Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $336,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Avion Wealth boosted its holdings in shares of SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after buying an additional 125 shares during the period. Kestra Investment Management LLC bought a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $31,000. Noble Wealth Management PBC acquired a new position in shares of SPDR S&P Dividend ETF in the fourth quarter valued at approximately $32,000. Rialto Wealth Management LLC bought a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $34,000. Finally, ST Germain D J Co. Inc. acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter worth approximately $38,000.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $135.13 on Friday. The firm has a market cap of $20.11 billion, a price-to-earnings ratio of 20.91 and a beta of 0.87. The stock’s fifty day moving average price is $135.16 and its two-hundred day moving average price is $137.45. SPDR S&P Dividend ETF has a one year low of $124.37 and a one year high of $144.45.

SPDR S&P Dividend ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a dividend of $0.8184 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.