Mitchell Mcleod Pugh & Williams Inc. boosted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 108.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 15,793 shares of the company’s stock after buying an additional 8,200 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.’s holdings in SPDR S&P Dividend ETF were worth $2,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently bought and sold shares of the stock. Raymond James Financial Inc. raised its stake in SPDR S&P Dividend ETF by 4.0% during the 2nd quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock valued at $425,298,000 after purchasing an additional 119,562 shares during the last quarter. Joel Isaacson & Co. LLC raised its stake in SPDR S&P Dividend ETF by 4.6% during the 4th quarter. Joel Isaacson & Co. LLC now owns 2,788,428 shares of the company’s stock valued at $388,038,000 after purchasing an additional 121,368 shares during the last quarter. UBS Group AG raised its stake in SPDR S&P Dividend ETF by 10.5% during the 3rd quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock valued at $242,663,000 after purchasing an additional 165,053 shares during the last quarter. JPMorgan Chase & Co. raised its stake in SPDR S&P Dividend ETF by 2.1% during the 4th quarter. JPMorgan Chase & Co. now owns 1,424,694 shares of the company’s stock valued at $198,261,000 after purchasing an additional 29,635 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in SPDR S&P Dividend ETF by 0.3% during the 4th quarter. Bank of New York Mellon Corp now owns 954,596 shares of the company’s stock valued at $132,842,000 after purchasing an additional 2,837 shares during the last quarter. 43.42% of the stock is currently owned by institutional investors and hedge funds.
SPDR S&P Dividend ETF Price Performance
NYSEARCA:SDY opened at $150.18 on Thursday. The stock has a market cap of $21.98 billion, a P/E ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a one year low of $132.89 and a one year high of $156.39. The company has a fifty day moving average price of $148.23 and a 200 day moving average price of $146.88.
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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.
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