Great Lakes Retirement Inc. Takes Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Great Lakes Retirement Inc. bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,918 shares of the company’s stock, valued at approximately $240,000.

A number of other large investors have also added to or reduced their stakes in the company. Barclays PLC acquired a new stake in SPDR S&P Dividend ETF in the first quarter valued at $25,000. Russell Investments Group Ltd. bought a new position in shares of SPDR S&P Dividend ETF during the second quarter worth about $27,000. Live Oak Investment Partners bought a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at about $34,000. West Tower Group LLC bought a new position in SPDR S&P Dividend ETF during the 2nd quarter worth approximately $38,000. Finally, Cornerstone Planning Group LLC bought a new stake in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at approximately $39,000.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $131.24 on Friday. The company has a market cap of $23.36 billion, a PE ratio of 14.72 and a beta of 0.86. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $131.67. The company has a fifty day moving average price of $125.59 and a two-hundred day moving average price of $121.03.

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.