Clarity Wealth Advisors LLC Acquires 641 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Clarity Wealth Advisors LLC raised its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 25.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,155 shares of the company’s stock after buying an additional 641 shares during the quarter. Clarity Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $417,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SDY. GAMMA Investing LLC increased its stake in SPDR S&P Dividend ETF by 23.4% in the third quarter. GAMMA Investing LLC now owns 2,326 shares of the company’s stock valued at $330,000 after acquiring an additional 441 shares during the last quarter. Wedmont Private Capital raised its holdings in shares of SPDR S&P Dividend ETF by 4.0% during the third quarter. Wedmont Private Capital now owns 4,178 shares of the company’s stock valued at $584,000 after acquiring an additional 160 shares in the last quarter. Sanibel Captiva Trust Company Inc. boosted its stake in shares of SPDR S&P Dividend ETF by 34.8% during the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 11,016 shares of the company’s stock valued at $1,565,000 after purchasing an additional 2,845 shares in the last quarter. Rappaport Reiches Capital Management LLC bought a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $321,000. Finally, Clarius Group LLC bought a new position in SPDR S&P Dividend ETF in the third quarter worth $356,000.

SPDR S&P Dividend ETF Trading Down 0.5 %

Shares of SDY stock opened at $132.90 on Friday. The company’s fifty day moving average price is $134.74 and its 200-day moving average price is $137.44. The stock has a market cap of $21.02 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month 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.