HighTower Advisors LLC Purchases 5,687 Shares of SPDR S&P Dividend ETF $SDY

HighTower Advisors LLC lifted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 487,954 shares of the company’s stock after buying an additional 5,687 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $68,338,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of SDY. Brighton Jones LLC lifted its position in SPDR S&P Dividend ETF by 404.5% during the 4th quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock worth $2,443,000 after acquiring an additional 14,829 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of SPDR S&P Dividend ETF by 49.5% during the 1st quarter. AQR Capital Management LLC now owns 7,936 shares of the company’s stock worth $1,077,000 after purchasing an additional 2,627 shares during the last quarter. Koshinski Asset Management Inc. lifted its position in shares of SPDR S&P Dividend ETF by 3.3% during the 2nd quarter. Koshinski Asset Management Inc. now owns 4,419 shares of the company’s stock worth $600,000 after purchasing an additional 140 shares during the last quarter. Chicago Partners Investment Group LLC boosted its stake in SPDR S&P Dividend ETF by 0.5% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 23,371 shares of the company’s stock valued at $3,274,000 after purchasing an additional 122 shares during the period. Finally, Calamos Wealth Management LLC grew its holdings in SPDR S&P Dividend ETF by 21.4% in the 2nd quarter. Calamos Wealth Management LLC now owns 7,497 shares of the company’s stock valued at $1,018,000 after buying an additional 1,321 shares during the last quarter. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Up 0.7%

Shares of NYSEARCA SDY opened at $155.25 on Tuesday. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $156.06. The company has a market cap of $22.01 billion, a P/E ratio of 19.85 and a beta of 0.79. The business’s 50 day moving average is $145.15 and its two-hundred day moving average is $141.37.

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.