Fifth Third Wealth Advisors LLC Increases Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Fifth Third Wealth Advisors LLC boosted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 17.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,627 shares of the company’s stock after acquiring an additional 8,393 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $7,901,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SDY. Coston McIsaac & Partners grew its holdings in shares of SPDR S&P Dividend ETF by 0.5% during the third quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after purchasing an additional 72 shares in the last quarter. Marshall Financial Group LLC lifted its stake in SPDR S&P Dividend ETF by 3.7% during the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock worth $290,000 after purchasing an additional 73 shares during the last quarter. WealthBridge Capital Management LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 1.8% in the 3rd quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock worth $595,000 after purchasing an additional 75 shares in the last quarter. M3 Advisory Group LLC increased its position in shares of SPDR S&P Dividend ETF by 2.1% during the 3rd quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock valued at $519,000 after purchasing an additional 76 shares during the last quarter. Finally, Great Valley Advisor Group Inc. raised its holdings in shares of SPDR S&P Dividend ETF by 0.8% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock valued at $1,204,000 after buying an additional 77 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $140.34 on Tuesday. SPDR S&P Dividend ETF has a fifty-two week low of $117.25 and a fifty-two week high of $144.06. The company has a market capitalization of $22.20 billion, a P/E ratio of 19.72 and a beta of 0.68. The stock has a 50 day moving average price of $140.71 and a two-hundred day moving average price of $134.91.

SPDR S&P Dividend ETF 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.