SPDR S&P Dividend ETF $SDY Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC boosted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 40.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,879 shares of the company’s stock after acquiring an additional 4,821 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $2,463,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Park National Corp OH purchased a new stake in shares of SPDR S&P Dividend ETF during the first quarter valued at approximately $28,000. Delos Wealth Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF during the third quarter worth $29,000. MBM Wealth Consultants LLC purchased a new position in shares of SPDR S&P Dividend ETF in the first quarter valued at $34,000. Ankerstar Wealth LLC purchased a new position in shares of SPDR S&P Dividend ETF in the fourth quarter valued at $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at $34,000. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $153.55 on Thursday. SPDR S&P Dividend ETF has a 12-month low of $135.30 and a 12-month high of $156.82. The company has a market capitalization of $21.59 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. The firm’s fifty day moving average price is $150.26 and its 200 day moving average price is $148.64.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.