N.E.W. Advisory Services LLC Has $883,000 Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

N.E.W. Advisory Services LLC boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,944 shares of the company’s stock after acquiring an additional 125 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in SPDR S&P Dividend ETF were worth $883,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SDY. Frazier Financial Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $27,000. Riggs Asset Managment Co. Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 76.8% during the 1st quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock valued at $29,000 after buying an additional 96 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $30,000. Farmers & Merchants Investments Inc. acquired a new stake in shares of SPDR S&P Dividend ETF during the 1st quarter valued at about $33,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of SPDR S&P Dividend ETF by 101.6% during the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after buying an additional 127 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $138.57 on Friday. The firm has a market cap of $21.92 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52-week low of $109.87 and a 52-week high of $140.15. The stock has a 50-day simple moving average of $133.29 and a 200-day simple moving average of $130.10.

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.