Stonebridge Financial Planning Group LLC lifted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 1.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 9,561 shares of the company’s stock after acquiring an additional 157 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in SPDR S&P Dividend ETF were worth $1,263,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in SDY. Raymond James Financial Inc. acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $397,657,000. Assetmark Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 267,004.3% in the 4th quarter. Assetmark Inc. now owns 678,445 shares of the company’s stock worth $89,623,000 after acquiring an additional 678,191 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings 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 in the last quarter. Wells Fargo & Company MN lifted its holdings in SPDR S&P Dividend ETF by 19.0% during the 4th quarter. Wells Fargo & Company MN now owns 2,103,521 shares of the company’s stock worth $277,875,000 after buying an additional 335,483 shares in the last quarter. Finally, Nan Shan Life Insurance Co. Ltd. acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter worth approximately $28,938,000.
SPDR S&P Dividend ETF Stock Down 0.6%
SPDR S&P Dividend ETF stock opened at $133.23 on Friday. The firm has a market cap of $19.71 billion, a PE ratio of 20.65 and a beta of 0.81. SPDR S&P Dividend ETF has a 52-week low of $119.83 and a 52-week high of $144.45. The company’s 50 day moving average is $131.58 and its two-hundred day moving average is $134.65.
SPDR S&P Dividend ETF 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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