Alpha Financial Partners LLC Invests $646,000 in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Alpha Financial Partners LLC acquired a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,547 shares of the company’s stock, valued at approximately $646,000.

Other large investors also recently added to or reduced their stakes in the company. Riggs Asset Managment Co. Inc. grew its stake in SPDR S&P Dividend ETF by 76.8% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after buying an additional 96 shares in the last quarter. Farmers & Merchants Investments Inc. purchased a new stake in shares of SPDR S&P Dividend ETF during the 1st quarter valued at $33,000. Russell Investments Group Ltd. lifted its holdings in shares of SPDR S&P Dividend ETF by 101.6% during the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after acquiring an additional 127 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in SPDR S&P Dividend ETF in the second quarter valued at $34,000. Finally, Strategic Investment Solutions Inc. IL raised its position in SPDR S&P Dividend ETF by 113.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after purchasing an additional 140 shares in the last quarter.

SPDR S&P Dividend ETF Stock Down 0.9 %

Shares of SDY stock opened at $139.68 on Friday. The firm has a market cap of $22.10 billion, a P/E ratio of 19.72 and a beta of 0.68. The business has a 50-day moving average price of $140.19 and a two-hundred day moving average price of $133.41. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $144.06.

SPDR S&P Dividend ETF Profile

(Free Report)

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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