SPDR S&P Dividend ETF $SDY Shares Acquired by J.Safra Asset Management Corp

J.Safra Asset Management Corp lifted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.4% in the 4th quarter, HoldingsChannel reports. The firm owned 353,863 shares of the company’s stock after purchasing an additional 11,503 shares during the quarter. SPDR S&P Dividend ETF makes up about 2.6% of J.Safra Asset Management Corp’s portfolio, making the stock its 13th largest position. J.Safra Asset Management Corp’s holdings in SPDR S&P Dividend ETF were worth $49,244,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SDY. Brighton Jones LLC lifted its stake 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 valued at $2,443,000 after acquiring an additional 14,829 shares during the period. AQR Capital Management LLC increased its stake in shares of SPDR S&P Dividend ETF by 49.5% in the first quarter. AQR Capital Management LLC now owns 7,936 shares of the company’s stock worth $1,077,000 after acquiring an additional 2,627 shares during the period. First Trust Advisors LP raised its holdings in shares of SPDR S&P Dividend ETF by 30.4% during the second quarter. First Trust Advisors LP now owns 32,141 shares of the company’s stock worth $4,362,000 after purchasing an additional 7,493 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of SPDR S&P Dividend ETF by 3.5% during the second quarter. NewEdge Advisors LLC now owns 65,223 shares of the company’s stock worth $8,853,000 after purchasing an additional 2,192 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position 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 purchasing an additional 119,562 shares during the period. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $150.18 on Thursday. SPDR S&P Dividend ETF has a one year low of $132.89 and a one year high of $156.39. The firm has a market cap of $21.98 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. The firm’s fifty day moving average is $148.23 and its two-hundred day moving average is $146.88.

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.