LWS Wealth Advisors Inc. Invests $226,000 in SPDR S&P Dividend ETF (NYSEARCA:SDY)

LWS Wealth Advisors Inc. bought a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,105 shares of the company’s stock, valued at approximately $226,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Moloney Securities Asset Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 5.3% during the 4th quarter. Moloney Securities Asset Management LLC now owns 46,605 shares of the company’s stock worth $5,013,000 after acquiring an additional 2,335 shares in the last quarter. Synovus Financial Corp boosted its position in shares of SPDR S&P Dividend ETF by 14.9% during the 4th quarter. Synovus Financial Corp now owns 33,491 shares of the company’s stock worth $3,603,000 after acquiring an additional 4,347 shares in the last quarter. Palladium Partners LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth approximately $323,000. Point View Wealth Management Inc. acquired a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth approximately $410,000. Finally, Pinnacle Financial Partners Inc. boosted its position in shares of SPDR S&P Dividend ETF by 2.1% during the 4th quarter. Pinnacle Financial Partners Inc. now owns 33,532 shares of the company’s stock worth $3,607,000 after acquiring an additional 690 shares in the last quarter.

NYSEARCA SDY opened at $108.76 on Friday. The firm’s 50 day simple moving average is $107.17 and its 200 day simple moving average is $104.01. SPDR S&P Dividend ETF has a 1 year low of $95.63 and a 1 year high of $108.77.

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.

Further Reading: Derivative

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

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