Financial Services Advisory Inc Invests $768,000 in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Financial Services Advisory Inc bought a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,404 shares of the company’s stock, valued at approximately $768,000.

A number of other hedge funds also recently bought and sold shares of the business. Joel Isaacson & Co. LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 1.2% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock valued at $349,702,000 after buying an additional 30,381 shares in the last quarter. International Assets Investment Management LLC increased its stake in SPDR S&P Dividend ETF by 13,497.7% during the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after purchasing an additional 1,165,660 shares during the period. Cetera Investment Advisers increased its stake in shares of SPDR S&P Dividend ETF by 283.2% during the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock worth $90,392,000 after buying an additional 509,007 shares during the period. MAI Capital Management boosted its holdings in shares of SPDR S&P Dividend ETF by 1.4% in the first quarter. MAI Capital Management now owns 527,434 shares of the company’s stock valued at $69,220,000 after acquiring an additional 7,095 shares during the period. Finally, Creative Planning lifted its position in SPDR S&P Dividend ETF by 1.1% in the second quarter. Creative Planning now owns 461,739 shares of the company’s stock valued at $58,724,000 after purchasing an additional 4,963 shares during the period.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $140.96 on Thursday. SPDR S&P Dividend ETF has a 12 month low of $113.20 and a 12 month high of $144.06. The company has a 50-day simple moving average of $140.45 and a 200-day simple moving average of $134.14. The company has a market cap of $22.30 billion, a PE 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.