Steward Partners Investment Advisory LLC Raises Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Steward Partners Investment Advisory LLC grew its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 179,652 shares of the company’s stock after purchasing an additional 17,140 shares during the period. Steward Partners Investment Advisory LLC’s holdings in SPDR S&P Dividend ETF were worth $18,123,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Armor Investment Advisors LLC increased its stake in SPDR S&P Dividend ETF by 260.0% during the first quarter. Armor Investment Advisors LLC now owns 630 shares of the company’s stock worth $63,000 after purchasing an additional 455 shares during the period. Tufton Capital Management increased its stake in shares of SPDR S&P Dividend ETF by 9.4% during the first quarter. Tufton Capital Management now owns 17,060 shares of the company’s stock worth $1,695,000 after buying an additional 1,470 shares during the period. Massey Quick Simon & CO. LLC increased its stake in shares of SPDR S&P Dividend ETF by 35.1% during the first quarter. Massey Quick Simon & CO. LLC now owns 1,489 shares of the company’s stock worth $148,000 after buying an additional 387 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of SPDR S&P Dividend ETF by 6.9% during the first quarter. Envestnet Asset Management Inc. now owns 1,601,529 shares of the company’s stock worth $159,208,000 after buying an additional 103,638 shares during the period. Finally, Flagship Harbor Advisors LLC increased its stake in shares of SPDR S&P Dividend ETF by 1.1% during the first quarter. Flagship Harbor Advisors LLC now owns 50,127 shares of the company’s stock worth $4,983,000 after buying an additional 540 shares during the period.

Shares of SDY stock traded down $0.04 during trading hours on Tuesday, reaching $97.24. 21,621 shares of the stock were exchanged, compared to its average volume of 647,859. The stock has a fifty day moving average price of $101.37. SPDR S&P Dividend ETF has a 12-month low of $84.28 and a 12-month high of $102.96.

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.

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

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