RMR Wealth Builders Purchases 4,243 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

RMR Wealth Builders raised its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 162.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,862 shares of the company’s stock after purchasing an additional 4,243 shares during the quarter. RMR Wealth Builders’ holdings in SPDR S&P Dividend ETF were worth $907,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SDY. Coston McIsaac & Partners lifted its holdings in SPDR S&P Dividend ETF by 0.5% during the third quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock valued at $2,058,000 after purchasing an additional 72 shares in the last quarter. Marshall Financial Group LLC boosted its position in shares of SPDR S&P Dividend ETF by 3.7% during the 3rd quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock valued at $290,000 after acquiring an additional 73 shares during the last quarter. Roger Wittlin Investment Advisory LLC increased its position in SPDR S&P Dividend ETF by 0.6% in the third quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock worth $1,861,000 after purchasing an additional 73 shares during the last quarter. WealthBridge Capital Management LLC grew its stake in shares of SPDR S&P Dividend ETF by 1.8% in the 3rd quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock worth $595,000 after buying an additional 75 shares in the last quarter. Finally, M3 Advisory Group LLC increased its holdings in shares of SPDR S&P Dividend ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock worth $519,000 after buying an additional 76 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY traded down $2.10 during trading hours on Friday, hitting $128.74. 1,443,090 shares of the company’s stock traded hands, compared to its average volume of 510,665. The business has a fifty day moving average price of $137.77 and a 200-day moving average price of $136.77. The firm has a market capitalization of $20.37 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1 year low of $121.52 and a 1 year high of $144.45.

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.