SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Bought by Mariner LLC

Mariner LLC grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 200,243 shares of the company’s stock after acquiring an additional 10,386 shares during the quarter. Mariner LLC’s holdings in SPDR S&P Dividend ETF were worth $26,452,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter worth approximately $397,657,000. LPL Financial LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 2.1% during the fourth quarter. LPL Financial LLC now owns 2,861,694 shares of the company’s stock worth $378,030,000 after purchasing an additional 59,001 shares during the period. Joel Isaacson & Co. LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 2.2% during the fourth quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock worth $332,449,000 after purchasing an additional 54,648 shares during the period. Wells Fargo & Company MN grew its position in SPDR S&P Dividend ETF by 19.0% in the 4th quarter. Wells Fargo & Company MN now owns 2,103,521 shares of the company’s stock valued at $277,875,000 after buying an additional 335,483 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in SPDR S&P Dividend ETF by 63.0% during the 4th quarter. JPMorgan Chase & Co. now owns 1,688,669 shares of the company’s stock worth $223,073,000 after buying an additional 652,619 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

SDY stock opened at $129.17 on Wednesday. The stock has a market capitalization of $19.18 billion, a PE ratio of 20.96 and a beta of 0.80. The company has a fifty day moving average of $133.62 and a 200-day moving average of $136.28. SPDR S&P Dividend ETF has a one year low of $119.83 and a one year high of $144.45.

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.