Conservest Capital Advisors Inc. Has $1.30 Million Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Conservest Capital Advisors Inc. lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 11.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,432 shares of the company’s stock after buying an additional 1,065 shares during the quarter. Conservest Capital Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,304,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Grimes & Company Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 1.6% during the fourth quarter. Grimes & Company Inc. now owns 5,402 shares of the company’s stock worth $675,000 after purchasing an additional 84 shares during the last quarter. PFG Investments LLC grew its stake in SPDR S&P Dividend ETF by 1.0% in the 4th quarter. PFG Investments LLC now owns 8,451 shares of the company’s stock valued at $1,056,000 after purchasing an additional 86 shares during the period. My Legacy Advisors LLC lifted its position in shares of SPDR S&P Dividend ETF by 1.4% during the 3rd quarter. My Legacy Advisors LLC now owns 6,614 shares of the company’s stock valued at $745,000 after buying an additional 93 shares during the last quarter. PDS Planning Inc boosted its position in shares of SPDR S&P Dividend ETF by 0.6% during the 4th quarter. PDS Planning Inc now owns 16,889 shares of the company’s stock valued at $2,111,000 after acquiring an additional 97 shares during the last quarter. Finally, Cardiff Park Advisors LLC raised its holdings in shares of SPDR S&P Dividend ETF by 43.9% during the 3rd quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock valued at $38,000 after buying an additional 100 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock traded down $0.41 during mid-day trading on Friday, hitting $127.49. The company’s stock had a trading volume of 151,305 shares, compared to its average volume of 379,128. SPDR S&P Dividend ETF has a 52-week low of $109.87 and a 52-week high of $131.67. The business has a 50-day moving average price of $127.56 and a 200 day moving average price of $122.78. The stock has a market cap of $20.28 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73.

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.