KCM Investment Advisors LLC Buys 308 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

KCM Investment Advisors LLC raised its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 124,492 shares of the company’s stock after acquiring an additional 308 shares during the quarter. KCM Investment Advisors LLC owned about 0.07% of SPDR S&P Dividend ETF worth $13,392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the business. Versant Capital Management Inc boosted its stake in shares of SPDR S&P Dividend ETF by 7.7% in the fourth quarter. Versant Capital Management Inc now owns 1,392 shares of the company’s stock valued at $149,000 after purchasing an additional 100 shares during the period. BigSur Wealth Management LLC grew its stake in SPDR S&P Dividend ETF by 1.8% in the fourth quarter. BigSur Wealth Management LLC now owns 5,600 shares of the company’s stock valued at $603,000 after acquiring an additional 100 shares during the period. Estate Counselors LLC grew its stake in SPDR S&P Dividend ETF by 5.0% in the fourth quarter. Estate Counselors LLC now owns 2,100 shares of the company’s stock valued at $226,000 after acquiring an additional 100 shares during the period. F3Logic LLC grew its stake in SPDR S&P Dividend ETF by 3.3% in the fourth quarter. F3Logic LLC now owns 3,235 shares of the company’s stock valued at $347,000 after acquiring an additional 103 shares during the period. Finally, Level Four Advisory Services LLC grew its stake in SPDR S&P Dividend ETF by 0.8% in the fourth quarter. Level Four Advisory Services LLC now owns 13,121 shares of the company’s stock valued at $1,417,000 after acquiring an additional 110 shares during the period.

Shares of SDY stock traded up $3.91 on Thursday, hitting $79.97. 93,158 shares of the stock were exchanged, compared to its average volume of 1,091,997. The business has a 50-day moving average of $96.50 and a 200 day moving average of $102.90. SPDR S&P Dividend ETF has a fifty-two week low of $67.57 and a fifty-two week high of $108.81.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Monday, March 23rd were given a dividend of $0.6687 per share. The ex-dividend date was Friday, March 20th. This represents a $2.67 annualized dividend and a dividend yield of 3.34%.

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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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