Capital Investment Counsel Inc Purchases New Shares in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Capital Investment Counsel Inc purchased a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 370 shares of the company’s stock, valued at approximately $49,000.

Other large investors have also added to or reduced their stakes in the company. Ritholtz Wealth Management lifted its position in shares of SPDR S&P Dividend ETF by 9.7% during the fourth quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock worth $755,000 after purchasing an additional 505 shares during the last quarter. Franklin Resources Inc. raised its stake in SPDR S&P Dividend ETF by 2.2% during the third quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock valued at $8,189,000 after buying an additional 1,222 shares in the last quarter. FSA Wealth Management LLC acquired a new stake in SPDR S&P Dividend ETF during the third quarter valued at approximately $3,488,000. Citigroup Inc. lifted its holdings in SPDR S&P Dividend ETF by 16.0% during the 3rd quarter. Citigroup Inc. now owns 25,758 shares of the company’s stock worth $3,659,000 after buying an additional 3,551 shares during the last quarter. Finally, Stifel Financial Corp grew its position in shares of SPDR S&P Dividend ETF by 4.6% in the 3rd quarter. Stifel Financial Corp now owns 217,159 shares of the company’s stock worth $30,846,000 after acquiring an additional 9,594 shares in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.1 %

Shares of NYSEARCA SDY opened at $136.54 on Friday. The business has a 50 day simple moving average of $133.45 and a 200-day simple moving average of $137.52. SPDR S&P Dividend ETF has a twelve month low of $124.37 and a twelve month high of $144.45. The company has a market capitalization of $21.60 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

SPDR S&P Dividend ETF Company Profile

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.