45,279 Shares in SPDR S&P Dividend ETF (SDY) Purchased by Providence Wealth Advisors LLC

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Providence Wealth Advisors LLC acquired a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 45,279 shares of the company’s stock, valued at approximately $4,197,000. SPDR S&P Dividend ETF makes up about 4.1% of Providence Wealth Advisors LLC’s investment portfolio, making the stock its 3rd biggest position.

Several other institutional investors have also bought and sold shares of the company. Cornerstone Wealth Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 61,823.7% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 6,701,997 shares of the company’s stock worth $72,390,000 after purchasing an additional 6,691,174 shares in the last quarter. Raymond James & Associates boosted its position in shares of SPDR S&P Dividend ETF by 3.9% in the 2nd quarter. Raymond James & Associates now owns 3,705,839 shares of the company’s stock worth $343,532,000 after purchasing an additional 138,210 shares in the last quarter. Financial Counselors Inc. boosted its position in shares of SPDR S&P Dividend ETF by 880.1% in the 2nd quarter. Financial Counselors Inc. now owns 1,806,780 shares of the company’s stock worth $16,749,000 after purchasing an additional 1,622,433 shares in the last quarter. Capital Investment Advisors LLC boosted its position in shares of SPDR S&P Dividend ETF by 2.1% in the 2nd quarter. Capital Investment Advisors LLC now owns 1,105,198 shares of the company’s stock worth $102,502,000 after purchasing an additional 22,884 shares in the last quarter. Finally, Destination Wealth Management boosted its position in shares of SPDR S&P Dividend ETF by 2.2% in the 2nd quarter. Destination Wealth Management now owns 774,825 shares of the company’s stock worth $71,826,000 after purchasing an additional 16,981 shares in the last quarter.

SPDR S&P Dividend ETF stock opened at $98.82 on Friday. SPDR S&P Dividend ETF has a 1-year low of $87.95 and a 1-year high of $99.05.

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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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