SPDR S&P Dividend ETF (NYSEARCA:SDY) Holdings Raised by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 33.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,790 shares of the company’s stock after buying an additional 940 shares during the period. Gladstone Institutional Advisory LLC’s holdings in SPDR S&P Dividend ETF were worth $501,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SDY. Joel Isaacson & Co. LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 2.2% in the 4th quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock valued at $332,449,000 after buying an additional 54,648 shares during the period. International Assets Investment Management LLC boosted its stake in SPDR S&P Dividend ETF by 13,497.7% in the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after acquiring an additional 1,165,660 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of SPDR S&P Dividend ETF by 13.5% during the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after purchasing an additional 122,858 shares during the last quarter. Destination Wealth Management raised its position in shares of SPDR S&P Dividend ETF by 0.3% during the 3rd quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock worth $99,488,000 after purchasing an additional 2,366 shares during the period. Finally, Legacy Financial Group LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 0.8% in the 4th quarter. Legacy Financial Group LLC now owns 377,368 shares of the company’s stock worth $49,850,000 after purchasing an additional 3,088 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $134.26 on Friday. The firm has a market capitalization of $21.24 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1-year low of $123.32 and a 1-year high of $144.45. The business’s fifty day moving average price is $133.89 and its two-hundred day moving average price is $137.49.

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.