Wetzel Investment Advisors Inc. Acquires Shares of 7,151 SPDR S&P Dividend ETF (NYSEARCA:SDY)

Wetzel Investment Advisors Inc. acquired a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 7,151 shares of the company’s stock, valued at approximately $894,000.

Other large investors have also recently added to or reduced their stakes in the company. Key Financial Inc grew its position in SPDR S&P Dividend ETF by 4.5% in the fourth quarter. Key Financial Inc now owns 4,209 shares of the company’s stock worth $526,000 after acquiring an additional 180 shares in the last quarter. KCM Investment Advisors LLC grew its position in SPDR S&P Dividend ETF by 7.9% in the third quarter. KCM Investment Advisors LLC now owns 105,752 shares of the company’s stock worth $12,163,000 after acquiring an additional 7,769 shares in the last quarter. Interchange Capital Partners LLC grew its position in SPDR S&P Dividend ETF by 5.6% in the fourth quarter. Interchange Capital Partners LLC now owns 5,624 shares of the company’s stock worth $703,000 after acquiring an additional 298 shares in the last quarter. Charles Schwab Trust Co grew its position in SPDR S&P Dividend ETF by 64.0% in the fourth quarter. Charles Schwab Trust Co now owns 24,567 shares of the company’s stock worth $3,070,000 after acquiring an additional 9,587 shares in the last quarter. Finally, Raymond James & Associates grew its position in SPDR S&P Dividend ETF by 1.5% in the fourth quarter. Raymond James & Associates now owns 2,332,268 shares of the company’s stock worth $291,463,000 after acquiring an additional 34,564 shares in the last quarter.

SPDR S&P Dividend ETF Stock Up 0.9 %

SDY stock traded up $1.14 during trading hours on Friday, hitting $126.79. The company’s stock had a trading volume of 219,807 shares, compared to its average volume of 390,683. The company has a market capitalization of $20.17 billion, a PE ratio of 19.41 and a beta of 0.73. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $131.67. The stock has a 50 day moving average price of $127.13 and a two-hundred day moving average price of $122.21.

SPDR S&P Dividend ETF 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.