5,244 Shares in SPDR S&P Dividend ETF $SDY Acquired by Global Assets Advisory LLC

Global Assets Advisory LLC purchased a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 5,244 shares of the company’s stock, valued at approximately $765,000.

Other institutional investors also recently modified their holdings of the company. Anchor Investment Management LLC grew its holdings in shares of SPDR S&P Dividend ETF by 35.4% in the 1st quarter. Anchor Investment Management LLC now owns 956 shares of the company’s stock worth $140,000 after acquiring an additional 250 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 1.2% during the first quarter. Valmark Advisers Inc. now owns 12,769 shares of the company’s stock valued at $1,864,000 after purchasing an additional 150 shares during the last quarter. Pittenger & Anderson Inc. boosted its position in shares of SPDR S&P Dividend ETF by 3.9% in the 1st quarter. Pittenger & Anderson Inc. now owns 2,136 shares of the company’s stock valued at $312,000 after purchasing an additional 80 shares during the period. Fifth Third Bancorp boosted its position in shares of SPDR S&P Dividend ETF by 1,558.7% in the 1st quarter. Fifth Third Bancorp now owns 115,078 shares of the company’s stock valued at $16,794,000 after purchasing an additional 108,140 shares during the period. Finally, Sovran Advisors LLC boosted its position in shares of SPDR S&P Dividend ETF by 2.2% in the 1st quarter. Sovran Advisors LLC now owns 9,194 shares of the company’s stock valued at $1,380,000 after purchasing an additional 195 shares during the period. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

SDY traded up $1.23 during trading on Friday, reaching $154.36. The company had a trading volume of 174,951 shares, compared to its average volume of 258,363. The firm’s 50-day simple moving average is $150.48 and its 200 day simple moving average is $148.76. The company has a market cap of $21.69 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 12-month low of $135.30 and a 12-month high of $156.82.

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.