Nwam LLC Acquires 747 Shares of SPDR S&P Dividend ETF (SDY)

Nwam LLC grew its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,822 shares of the company’s stock after buying an additional 747 shares during the quarter. Nwam LLC’s holdings in SPDR S&P Dividend ETF were worth $2,333,000 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 company. O Brien Wealth Partners LLC raised its position in shares of SPDR S&P Dividend ETF by 31.2% during the 3rd quarter. O Brien Wealth Partners LLC now owns 18,580 shares of the company’s stock valued at $1,820,000 after buying an additional 4,420 shares in the last quarter. Fulton Bank N.A. purchased a new stake in SPDR S&P Dividend ETF in the 3rd quarter worth about $445,000. EisnerAmper Wealth Management Corporate Benefits LLC raised its position in SPDR S&P Dividend ETF by 0.5% in the 3rd quarter. EisnerAmper Wealth Management Corporate Benefits LLC now owns 100,017 shares of the company’s stock worth $9,795,000 after purchasing an additional 519 shares during the period. Park National Corp OH purchased a new stake in SPDR S&P Dividend ETF in the 3rd quarter worth about $205,000. Finally, Rehmann Capital Advisory Group raised its position in SPDR S&P Dividend ETF by 91.7% in the 2nd quarter. Rehmann Capital Advisory Group now owns 6,668 shares of the company’s stock worth $618,000 after purchasing an additional 3,190 shares during the period.

SPDR S&P Dividend ETF stock traded down $0.22 during midday trading on Tuesday, reaching $97.65. The stock had a trading volume of 30,774 shares, compared to its average volume of 487,618. SPDR S&P Dividend ETF has a 52-week low of $87.95 and a 52-week high of $100.07.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 26th. Investors of record on Monday, September 24th were given a $0.5951 dividend. This represents a $2.38 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date was Friday, September 21st.

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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