Strategic Family Wealth Counselors L.L.C. Has $8.03 Million Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Strategic Family Wealth Counselors L.L.C. increased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,157 shares of the company’s stock after purchasing an additional 933 shares during the period. SPDR S&P Dividend ETF makes up 2.6% of Strategic Family Wealth Counselors L.L.C.’s investment portfolio, making the stock its 13th biggest holding. Strategic Family Wealth Counselors L.L.C.’s holdings in SPDR S&P Dividend ETF were worth $8,026,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Summit X LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 4.2% during the 1st quarter. Summit X LLC now owns 1,932 shares of the company’s stock worth $262,000 after buying an additional 77 shares during the period. OneDigital Investment Advisors LLC lifted its position in SPDR S&P Dividend ETF by 0.5% during the 1st quarter. OneDigital Investment Advisors LLC now owns 14,308 shares of the company’s stock worth $1,941,000 after acquiring an additional 78 shares during the last quarter. Long Run Wealth Advisors LLC boosted its holdings in SPDR S&P Dividend ETF by 0.6% during the first quarter. Long Run Wealth Advisors LLC now owns 14,452 shares of the company’s stock valued at $1,961,000 after acquiring an additional 88 shares during the period. Institute for Wealth Management LLC. grew its position in shares of SPDR S&P Dividend ETF by 4.0% in the first quarter. Institute for Wealth Management LLC. now owns 2,318 shares of the company’s stock valued at $315,000 after purchasing an additional 89 shares during the last quarter. Finally, Belpointe Asset Management LLC increased its stake in shares of SPDR S&P Dividend ETF by 0.6% in the fourth quarter. Belpointe Asset Management LLC now owns 15,309 shares of the company’s stock worth $2,142,000 after purchasing an additional 96 shares during the period. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA SDY opened at $136.48 on Friday. The stock has a market capitalization of $20.00 billion, a PE ratio of 19.85 and a beta of 0.86. The stock has a 50-day simple moving average of $136.62 and a 200 day simple moving average of $134.40. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $144.45.

About SPDR S&P Dividend ETF

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.