Farther Finance Advisors LLC lifted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 57.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,541 shares of the company’s stock after purchasing an additional 6,765 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $2,580,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. lifted its stake in 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 buying an additional 119,562 shares in the last quarter. Joel Isaacson & Co. LLC increased its position in shares of SPDR S&P Dividend ETF by 0.8% in the third quarter. Joel Isaacson & Co. LLC now owns 2,667,060 shares of the company’s stock worth $373,522,000 after acquiring an additional 22,123 shares in the last quarter. UBS Group AG raised its holdings in shares of SPDR S&P Dividend ETF by 10.5% during the third quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock valued at $242,663,000 after acquiring an additional 165,053 shares during the period. MAI Capital Management lifted its position in shares of SPDR S&P Dividend ETF by 0.7% in the 3rd quarter. MAI Capital Management now owns 772,382 shares of the company’s stock valued at $108,172,000 after acquiring an additional 5,300 shares in the last quarter. Finally, Pathstone Holdings LLC lifted its position in shares of SPDR S&P Dividend ETF by 1.1% in the 3rd quarter. Pathstone Holdings LLC now owns 768,592 shares of the company’s stock valued at $107,641,000 after acquiring an additional 8,380 shares in the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.
SPDR S&P Dividend ETF Stock Performance
NYSEARCA SDY opened at $149.05 on Friday. SPDR S&P Dividend ETF has a twelve month low of $126.08 and a twelve month high of $156.39. The stock has a market cap of $21.08 billion, a price-to-earnings ratio of 19.85 and a beta of 0.74. The firm’s 50 day moving average price is $149.98 and its two-hundred day moving average price is $144.25.
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.
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