Blair William & Co. IL Acquires 1,165 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Blair William & Co. IL boosted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.6% during the fourth quarter, Holdings Channel reports. The fund owned 76,005 shares of the company’s stock after acquiring an additional 1,165 shares during the period. Blair William & Co. IL’s holdings in SPDR S&P Dividend ETF were worth $10,040,000 at the end of the most recent reporting period.

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

SPDR S&P Dividend ETF Stock Down 0.6 %

SPDR S&P Dividend ETF stock opened at $134.29 on Friday. The business’s 50-day simple moving average is $135.17 and its 200 day simple moving average is $137.41. The stock has a market cap of $19.98 billion, a price-to-earnings ratio of 20.91 and a beta of 0.87. SPDR S&P Dividend ETF has a 12-month low of $124.37 and a 12-month 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. Stockholders 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.