CreativeOne Wealth LLC Purchases 1,423 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

CreativeOne Wealth LLC grew its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 25.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 7,084 shares of the company’s stock after buying an additional 1,423 shares during the quarter. CreativeOne Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $1,006,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Capital Performance Advisors LLP bought a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at about $31,000. JNBA Financial Advisors bought a new position in shares of SPDR S&P Dividend ETF in the third quarter worth about $32,000. Russell Investments Group Ltd. lifted its position in shares of SPDR S&P Dividend ETF by 101.6% during the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after purchasing an additional 127 shares in the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF during the second quarter valued at approximately $34,000. Finally, Assetmark Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $144.00 on Friday. The stock’s fifty day moving average price is $141.12 and its two-hundred day moving average price is $135.61. The company has a market cap of $22.78 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 $118.33 and a 52-week high of $144.45.

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.