Thompson Davis & CO. Inc. Makes New $243,000 Investment in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Thompson Davis & CO. Inc. bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,713 shares of the company’s stock, valued at approximately $243,000.

Several other large investors have also made changes to their positions in SDY. Joel Isaacson & Co. LLC grew its stake in 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 acquiring an additional 30,381 shares during the period. International Assets Investment Management LLC grew its position in SPDR S&P Dividend ETF by 13,497.7% in the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after acquiring an additional 1,165,660 shares during the period. Cetera Investment Advisers increased its position in shares of SPDR S&P Dividend ETF by 283.2% during the 1st quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock worth $90,392,000 after purchasing an additional 509,007 shares during the last quarter. Creative Planning raised its stake in shares of SPDR S&P Dividend ETF by 1.1% in the 2nd quarter. Creative Planning now owns 461,739 shares of the company’s stock valued at $58,724,000 after acquiring an additional 4,963 shares during the period. Finally, Elk River Wealth Management LLC raised its position in SPDR S&P Dividend ETF by 2.2% in the third quarter. Elk River Wealth Management LLC now owns 385,024 shares of the company’s stock valued at $54,690,000 after purchasing an additional 8,194 shares during the period.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $139.72 on Wednesday. SPDR S&P Dividend ETF has a 1 year low of $117.25 and a 1 year high of $144.06. The firm’s 50-day moving average is $140.72 and its two-hundred day moving average is $134.99. The firm has a market capitalization of $22.10 billion, a PE ratio of 19.72 and a beta of 0.68.

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.