Americana Partners LLC Grows Stake in SPDR S&P Dividend ETF $SDY

Americana Partners LLC boosted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 88.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 89,017 shares of the company’s stock after purchasing an additional 41,746 shares during the quarter. Americana Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $12,388,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Ferguson Johnson Wealth Management Inc purchased a new position in SPDR S&P Dividend ETF during the 4th quarter worth $680,000. Principle Wealth Partners LLC increased its holdings in shares of SPDR S&P Dividend ETF by 7.0% in the 4th quarter. Principle Wealth Partners LLC now owns 21,302 shares of the company’s stock valued at $2,964,000 after acquiring an additional 1,389 shares during the period. Axxcess Wealth Management LLC increased its holdings in shares of SPDR S&P Dividend ETF by 255.0% in the 4th quarter. Axxcess Wealth Management LLC now owns 27,428 shares of the company’s stock valued at $3,817,000 after acquiring an additional 19,702 shares during the period. Signature Estate & Investment Advisors LLC purchased a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $301,000. Finally, Elk River Wealth Management LLC increased its holdings in shares of SPDR S&P Dividend ETF by 0.8% in the 4th quarter. Elk River Wealth Management LLC now owns 421,724 shares of the company’s stock valued at $58,503,000 after acquiring an additional 3,307 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 0.8%

Shares of NYSEARCA:SDY opened at $149.96 on Friday. SPDR S&P Dividend ETF has a 12-month low of $131.96 and a 12-month high of $156.39. The business’s fifty day simple moving average is $147.35 and its 200-day simple moving average is $145.69. The company has a market capitalization of $21.95 billion, a PE ratio of 19.85 and a beta of 0.71.

SPDR S&P Dividend ETF 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.