Wolff Financial Management LLC Buys 8,103 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Wolff Financial Management LLC boosted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 145,042 shares of the company’s stock after buying an additional 8,103 shares during the period. SPDR S&P Dividend ETF accounts for approximately 11.3% of Wolff Financial Management LLC’s investment portfolio, making the stock its largest holding. Wolff Financial Management LLC owned 0.08% of SPDR S&P Dividend ETF worth $14,632,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Bay Harbor Wealth Management LLC grew its stake in shares of SPDR S&P Dividend ETF by 8.5% in the second quarter. Bay Harbor Wealth Management LLC now owns 1,424 shares of the company’s stock worth $144,000 after purchasing an additional 112 shares in the last quarter. UMB Bank N A MO boosted its stake in SPDR S&P Dividend ETF by 0.3% during the first quarter. UMB Bank N A MO now owns 43,496 shares of the company’s stock valued at $4,324,000 after buying an additional 113 shares in the last quarter. Addison Capital Co boosted its stake in SPDR S&P Dividend ETF by 1.2% during the second quarter. Addison Capital Co now owns 9,399 shares of the company’s stock valued at $948,000 after buying an additional 114 shares in the last quarter. Miracle Mile Advisors LLC boosted its stake in SPDR S&P Dividend ETF by 5.5% during the first quarter. Miracle Mile Advisors LLC now owns 2,387 shares of the company’s stock valued at $237,000 after buying an additional 125 shares in the last quarter. Finally, ACG Wealth boosted its stake in SPDR S&P Dividend ETF by 1.0% during the first quarter. ACG Wealth now owns 13,775 shares of the company’s stock valued at $1,369,000 after buying an additional 142 shares in the last quarter.

SDY stock traded down $0.48 during trading hours on Friday, hitting $99.78. 473,819 shares of the stock traded hands, compared to its average volume of 639,422. The firm has a 50-day moving average of $101.48. SPDR S&P Dividend ETF has a one year low of $84.28 and a one year high of $102.96.

About SPDR S&P Dividend ETF

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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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