Michael A. Dubis Financial Planning LLC Invests $690,000 in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Posted by Eileen French on Mar 29th, 2025

Michael A. Dubis Financial Planning LLC purchased a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) in the fourth quarter, HoldingsChannel reports. The fund purchased 5,224 shares of the company’s stock, valued at approximately $690,000. SPDR S&P Dividend ETF accounts for 0.7% of Michael A. Dubis Financial Planning LLC’s portfolio, making the stock its 25th largest holding.

A number of other institutional investors have also added to or reduced their stakes in SDY. Avion Wealth raised its stake in SPDR S&P Dividend ETF by 164.5% during the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after acquiring an additional 125 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth approximately $31,000. Noble Wealth Management PBC bought a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $32,000. Rialto Wealth Management LLC bought a new position in SPDR S&P Dividend ETF during the fourth quarter worth about $34,000. Finally, ST Germain D J Co. Inc. acquired a new position in SPDR S&P Dividend ETF during the fourth quarter valued at approximately $38,000.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $134.29 on Friday. SPDR S&P Dividend ETF has a one year low of $124.37 and a one year high of $144.45. The stock’s 50-day moving average is $135.17 and its 200-day moving average is $137.42. The firm has a market cap of $19.98 billion, a P/E ratio of 20.91 and a beta of 0.87.

SPDR S&P Dividend ETF Announces Dividend

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

SPDR S&P Dividend ETF Company Profile

(Free Report)

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.