STAR Financial Bank Boosts Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

STAR Financial Bank raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,608 shares of the company’s stock after purchasing an additional 115 shares during the period. STAR Financial Bank’s holdings in SPDR S&P Dividend ETF were worth $1,081,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SDY. International Assets Investment Management LLC increased its stake in shares of 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 purchasing an additional 1,165,660 shares in the last quarter. Cetera Investment Advisers increased its position in 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 valued at $90,392,000 after purchasing an additional 509,007 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of SPDR S&P Dividend ETF by 114.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock worth $46,221,000 after buying an additional 194,290 shares during the period. Strategic Financial Concepts LLC grew its position in shares of SPDR S&P Dividend ETF by 4,418.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock worth $11,280,000 after buying an additional 86,729 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in SPDR S&P Dividend ETF in the 2nd quarter worth about $10,044,000.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $139.66 on Thursday. The stock has a market cap of $22.09 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The firm’s 50-day moving average is $140.74 and its 200 day moving average is $135.02. SPDR S&P Dividend ETF has a 1 year low of $117.66 and a 1 year high of $144.06.

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.