SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Purchased by Kovack Advisors Inc.

Kovack Advisors Inc. raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 7,225 shares of the company’s stock after acquiring an additional 203 shares during the period. Kovack Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,026,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new stake in shares of SPDR S&P Dividend ETF in the third quarter worth approximately $31,000. JNBA Financial Advisors acquired a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at $32,000. Russell Investments Group Ltd. boosted its holdings in shares of SPDR S&P Dividend ETF by 101.6% in the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after purchasing an additional 127 shares during the last quarter. Assetmark Inc. grew its stake in shares of SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after buying an additional 167 shares during the period. Finally, Strategic Investment Solutions Inc. IL increased its holdings in shares of SPDR S&P Dividend ETF by 113.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after buying an additional 140 shares during the last quarter.

SPDR S&P Dividend ETF Trading Down 0.1 %

Shares of SPDR S&P Dividend ETF stock opened at $140.78 on Thursday. The business’s fifty day moving average price is $140.59 and its 200 day moving average price is $134.56. SPDR S&P Dividend ETF has a twelve month low of $115.51 and a twelve month high of $144.06. The stock has a market capitalization of $22.27 billion, a P/E 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.