105,463 SPDR S&P Dividend ETF $SDY Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2,324.5% during the third quarter, Holdings Channel reports. The firm owned 110,000 shares of the company’s stock after acquiring an additional 105,463 shares during the quarter. International Assets Investment Management LLC’s holdings in SPDR S&P Dividend ETF were worth $16,113,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SDY. Fifth Third Bancorp grew its stake in SPDR S&P Dividend ETF by 1,558.7% during the first quarter. Fifth Third Bancorp now owns 115,078 shares of the company’s stock worth $16,794,000 after purchasing an additional 108,140 shares during the period. Benjamin Edwards Inc. lifted its stake in SPDR S&P Dividend ETF by 47.0% in the second quarter. Benjamin Edwards Inc. now owns 286,769 shares of the company’s stock valued at $43,643,000 after buying an additional 91,702 shares during the period. NBT Bank N.A. acquired a new position in SPDR S&P Dividend ETF in the third quarter valued at approximately $11,869,000. Confluence Investment Management LLC lifted its stake in SPDR S&P Dividend ETF by 92.5% in the second quarter. Confluence Investment Management LLC now owns 132,295 shares of the company’s stock valued at $20,133,000 after buying an additional 63,585 shares during the period. Finally, Balefire LLC lifted its stake in SPDR S&P Dividend ETF by 146.3% in the first quarter. Balefire LLC now owns 71,408 shares of the company’s stock valued at $10,421,000 after buying an additional 42,410 shares during the period. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $160.72 on Friday. The stock has a market capitalization of $22.26 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 52-week low of $135.30 and a 52-week high of $162.31. The stock’s 50 day moving average price is $153.44 and its two-hundred day moving average price is $151.60.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.