Corient Private Wealth LLC Raises Position in SPDR S&P Dividend ETF $SDY

Corient Private Wealth LLC increased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 27.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 99,888 shares of the company’s stock after buying an additional 21,809 shares during the quarter. Corient Private Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $13,912,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. UBS Group AG lifted its position 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 worth $242,663,000 after acquiring an additional 165,053 shares in the last quarter. Orion Porfolio Solutions LLC grew its position in SPDR S&P Dividend ETF by 70.0% in the second quarter. Orion Porfolio Solutions LLC now owns 349,460 shares of the company’s stock valued at $47,432,000 after acquiring an additional 143,853 shares in the last quarter. Coldstream Capital Management Inc. raised its stake in shares of SPDR S&P Dividend ETF by 126.6% during the third quarter. Coldstream Capital Management Inc. now owns 223,525 shares of the company’s stock valued at $31,305,000 after purchasing an additional 124,864 shares during the period. Joel Isaacson & Co. LLC raised its stake in shares of SPDR S&P Dividend ETF by 4.6% during the fourth 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 period. Finally, Raymond James Financial Inc. raised its stake in shares of SPDR S&P Dividend ETF by 4.0% during the second 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 period. 43.42% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Trading Up 0.5%

NYSEARCA SDY opened at $150.00 on Wednesday. The stock has a market cap of $21.95 billion, a P/E ratio of 19.85 and a beta of 0.69. The company’s fifty day simple moving average is $149.03 and its 200-day simple moving average is $147.62. SPDR S&P Dividend ETF has a 52 week low of $133.68 and a 52 week high of $156.39.

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.