Farther Finance Advisors LLC Raises Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Farther Finance Advisors LLC lifted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 38.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,194 shares of the company’s stock after purchasing an additional 1,726 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $818,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of SDY. Roger Wittlin Investment Advisory LLC increased its stake in shares of SPDR S&P Dividend ETF by 0.6% in the 3rd quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock worth $1,861,000 after acquiring an additional 73 shares in the last quarter. N.E.W. Advisory Services LLC boosted its position in shares of SPDR S&P Dividend ETF by 1.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock worth $914,000 after purchasing an additional 76 shares in the last quarter. Avidian Wealth Enterprises LLC grew its stake in shares of SPDR S&P Dividend ETF by 4.9% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 1,617 shares of the company’s stock worth $214,000 after buying an additional 76 shares during the last quarter. Good Life Advisors LLC increased its position in SPDR S&P Dividend ETF by 1.4% during the 4th quarter. Good Life Advisors LLC now owns 5,665 shares of the company’s stock valued at $748,000 after buying an additional 79 shares in the last quarter. Finally, Rebalance LLC raised its stake in SPDR S&P Dividend ETF by 0.8% during the fourth quarter. Rebalance LLC now owns 10,955 shares of the company’s stock valued at $1,447,000 after buying an additional 85 shares during the last quarter.

SPDR S&P Dividend ETF Trading Up 1.1 %

NYSEARCA SDY opened at $134.62 on Friday. SPDR S&P Dividend ETF has a 12 month low of $124.37 and a 12 month high of $144.45. The stock’s fifty day moving average price is $134.42 and its 200-day moving average price is $137.70. The stock has a market cap of $20.03 billion, a P/E ratio of 20.91 and a beta of 0.87.

SPDR S&P Dividend ETF Company 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.