Moors & Cabot Inc. Acquires 1,835 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Moors & Cabot Inc. lifted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 40.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,351 shares of the company’s stock after acquiring an additional 1,835 shares during the quarter. Moors & Cabot Inc.’s holdings in SPDR S&P Dividend ETF were worth $902,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Coston McIsaac & Partners lifted its stake in shares of SPDR S&P Dividend ETF by 0.5% during the third quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after buying an additional 72 shares during the period. Marshall Financial Group LLC raised its stake in SPDR S&P Dividend ETF by 3.7% in the 3rd quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock valued at $290,000 after purchasing an additional 73 shares during the last quarter. Roger Wittlin Investment Advisory LLC increased its holdings in shares of SPDR S&P Dividend ETF by 0.6% in the third quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock valued at $1,861,000 after purchasing an additional 73 shares during the last quarter. WealthBridge Capital Management LLC boosted its holdings in SPDR S&P Dividend ETF by 1.8% in the 3rd quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock valued at $595,000 after purchasing an additional 75 shares during the last quarter. Finally, M3 Advisory Group LLC boosted its stake in SPDR S&P Dividend ETF by 2.1% during the third quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock worth $519,000 after buying an additional 76 shares during the period.

SPDR S&P Dividend ETF Stock Up 1.2 %

Shares of SDY opened at $141.29 on Friday. The firm’s 50 day moving average price is $140.79 and its 200 day moving average price is $135.06. The company has a market cap of $22.35 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a fifty-two week low of $118.30 and a fifty-two week 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.