Kingswood Wealth Advisors LLC Has $5.24 Million Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Kingswood Wealth Advisors LLC grew its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 29.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 39,689 shares of the company’s stock after purchasing an additional 8,996 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $5,243,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Coston McIsaac & Partners raised its holdings in SPDR S&P Dividend ETF by 0.5% in the 3rd quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock valued at $2,058,000 after acquiring an additional 72 shares in the last quarter. Marshall Financial Group LLC increased its position in shares of SPDR S&P Dividend ETF by 3.7% in the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock worth $290,000 after purchasing an additional 73 shares during the period. Roger Wittlin Investment Advisory LLC raised its stake in 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 in the last quarter. WealthBridge Capital Management LLC lifted its position in SPDR S&P Dividend ETF by 1.8% during the third quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock worth $595,000 after purchasing an additional 75 shares during the period. Finally, M3 Advisory Group LLC grew 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 in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.0 %

NYSEARCA SDY opened at $133.91 on Monday. The firm’s 50 day simple moving average is $136.10 and its 200 day simple moving average is $137.27. The firm has a market capitalization of $21.18 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1 year low of $121.52 and a 1 year high of $144.45.

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.