Empirical Financial Services LLC d.b.a. Empirical Wealth Management Increases Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,611 shares of the company’s stock after purchasing an additional 244 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in SPDR S&P Dividend ETF were worth $741,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SDY. Northwestern Mutual Wealth Management Co. increased its holdings in SPDR S&P Dividend ETF by 2.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 97,397 shares of the company’s stock worth $12,387,000 after purchasing an additional 2,705 shares during the last quarter. Sunbelt Securities Inc. increased its holdings in SPDR S&P Dividend ETF by 4.7% during the 2nd quarter. Sunbelt Securities Inc. now owns 9,762 shares of the company’s stock worth $1,242,000 after purchasing an additional 439 shares during the last quarter. EP Wealth Advisors LLC increased its holdings in SPDR S&P Dividend ETF by 12.0% during the 2nd quarter. EP Wealth Advisors LLC now owns 38,491 shares of the company’s stock worth $4,895,000 after purchasing an additional 4,123 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in SPDR S&P Dividend ETF during the 2nd quarter worth approximately $10,044,000. Finally, Park Avenue Securities LLC increased its holdings in SPDR S&P Dividend ETF by 15.6% during the 3rd quarter. Park Avenue Securities LLC now owns 7,782 shares of the company’s stock worth $1,105,000 after purchasing an additional 1,052 shares during the last quarter.

SPDR S&P Dividend ETF Trading Down 1.3 %

Shares of NYSEARCA SDY opened at $134.50 on Wednesday. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45. The company has a market capitalization of $21.28 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The business has a 50 day simple moving average of $136.02 and a 200-day simple moving average of $137.39.

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.