Principle Wealth Partners LLC Increases Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Principle Wealth Partners LLC raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,083 shares of the company’s stock after purchasing an additional 1,455 shares during the quarter. Principle Wealth Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $2,010,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. International Assets Investment Management LLC raised its position in shares of SPDR S&P Dividend ETF by 10,945.4% during the 4th quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock worth $141,774,000 after purchasing an additional 1,124,197 shares during the last quarter. Pathstone Family Office LLC raised its position in shares of SPDR S&P Dividend ETF by 4,360.9% during the 3rd quarter. Pathstone Family Office LLC now owns 801,808 shares of the company’s stock worth $92,216,000 after purchasing an additional 783,834 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC raised its position in shares of SPDR S&P Dividend ETF by 18.6% during the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,478,260 shares of the company’s stock worth $170,015,000 after purchasing an additional 231,382 shares during the last quarter. Comerica Bank acquired a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth approximately $17,485,000. Finally, Creative Planning raised its position in shares of SPDR S&P Dividend ETF by 14.5% during the 3rd quarter. Creative Planning now owns 525,915 shares of the company’s stock worth $60,485,000 after purchasing an additional 66,745 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $127.49 on Monday. The stock has a fifty day moving average of $127.56 and a two-hundred day moving average of $122.83. The company has a market capitalization of $20.28 billion, a PE ratio of 19.41 and a beta of 0.73. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $131.67.

SPDR S&P Dividend ETF Company 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.