Brighton Jones LLC Buys 14,829 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Brighton Jones LLC grew its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 404.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,495 shares of the company’s stock after purchasing an additional 14,829 shares during the quarter. Brighton Jones LLC’s holdings in SPDR S&P Dividend ETF were worth $2,443,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SDY. Ritholtz Wealth Management lifted its position in SPDR S&P Dividend ETF by 9.7% during the fourth quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock valued at $755,000 after buying an additional 505 shares during the period. Key Client Fiduciary Advisors LLC boosted its stake in SPDR S&P Dividend ETF by 3.7% during the third quarter. Key Client Fiduciary Advisors LLC now owns 2,720 shares of the company’s stock worth $386,000 after acquiring an additional 98 shares in the last quarter. Franklin Resources Inc. grew its holdings in SPDR S&P Dividend ETF by 2.2% in the third quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock worth $8,189,000 after purchasing an additional 1,222 shares during the period. CX Institutional increased its stake in shares of SPDR S&P Dividend ETF by 4.0% during the third quarter. CX Institutional now owns 66,854 shares of the company’s stock valued at $9,496,000 after purchasing an additional 2,580 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR S&P Dividend ETF by 2.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 97,397 shares of the company’s stock worth $12,387,000 after purchasing an additional 2,705 shares in the last quarter.

SPDR S&P Dividend ETF Stock Down 0.0 %

SDY stock opened at $133.91 on Friday. The business has a 50 day moving average of $136.21 and a 200 day moving average of $137.14. The firm has a market cap of $21.18 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45.

About SPDR S&P Dividend ETF

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.