Cetera Advisors LLC Acquires 32,440 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Cetera Advisors LLC increased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 79.6% during the first quarter, Holdings Channel.com reports. The firm owned 73,208 shares of the company’s stock after buying an additional 32,440 shares during the period. Cetera Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $9,608,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SDY. Grimes & Company Inc. boosted its stake in SPDR S&P Dividend ETF by 1.6% in the fourth quarter. Grimes & Company Inc. now owns 5,402 shares of the company’s stock valued at $675,000 after acquiring an additional 84 shares in the last quarter. Ancora Advisors LLC boosted its stake in SPDR S&P Dividend ETF by 0.9% in the first quarter. Ancora Advisors LLC now owns 10,511 shares of the company’s stock valued at $1,379,000 after acquiring an additional 91 shares in the last quarter. Riggs Asset Managment Co. Inc. boosted its stake in SPDR S&P Dividend ETF by 76.8% in the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock valued at $29,000 after acquiring an additional 96 shares in the last quarter. PDS Planning Inc boosted its stake in SPDR S&P Dividend ETF by 0.6% in the fourth quarter. PDS Planning Inc now owns 16,889 shares of the company’s stock valued at $2,111,000 after acquiring an additional 97 shares in the last quarter. Finally, NBC Securities Inc. boosted its stake in SPDR S&P Dividend ETF by 4.0% in the first quarter. NBC Securities Inc. now owns 2,811 shares of the company’s stock valued at $368,000 after acquiring an additional 107 shares in the last quarter.

SPDR S&P Dividend ETF Stock Down 0.3 %

Shares of SDY opened at $134.35 on Friday. The company has a market cap of $21.25 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a twelve month low of $109.87 and a twelve month high of $136.03. The company has a 50 day moving average of $129.63 and a two-hundred day moving average of $128.01.

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.