Arete Wealth Advisors LLC Acquires 611 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Arete Wealth Advisors LLC boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Get Rating) by 27.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,806 shares of the company’s stock after acquiring an additional 611 shares during the quarter. Arete Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $360,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Perkins Coie Trust Co acquired a new position in shares of SPDR S&P Dividend ETF in the first quarter worth approximately $29,000. Clearview Wealth Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $30,000. Rinkey Investments acquired a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth $43,000. Rise Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth $43,000. Finally, City State Bank acquired a new position in SPDR S&P Dividend ETF in the fourth quarter valued at $43,000.

SPDR S&P Dividend ETF Stock Up 0.1 %

Shares of SDY opened at $125.98 on Friday. The firm’s fifty day simple moving average is $121.54 and its two-hundred day simple moving average is $124.48. SPDR S&P Dividend ETF has a 12 month low of $113.22 and a 12 month high of $133.22.

SPDR S&P Dividend ETF Company Profile

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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.