SPDR S&P Dividend ETF (NYSEARCA:SDY) Position Increased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lifted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,518 shares of the company’s stock after acquiring an additional 153 shares during the period. Kestra Private Wealth Services LLC’s holdings in SPDR S&P Dividend ETF were worth $2,814,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC raised its stake in 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 valued at $141,774,000 after purchasing an additional 1,124,197 shares during the period. Pathstone Family Office LLC lifted its stake in SPDR S&P Dividend ETF by 4,360.9% in the 3rd quarter. Pathstone Family Office LLC now owns 801,808 shares of the company’s stock worth $92,216,000 after acquiring an additional 783,834 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC boosted its position in 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 acquiring an additional 231,382 shares during the period. Comerica Bank purchased a new position in SPDR S&P Dividend ETF during the 3rd quarter valued at about $17,485,000. Finally, Creative Planning increased its holdings in shares of SPDR S&P Dividend ETF by 14.5% in the 3rd quarter. Creative Planning now owns 525,915 shares of the company’s stock valued at $60,485,000 after purchasing an additional 66,745 shares during the period.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $127.39 on Thursday. The company has a 50 day simple moving average of $127.75 and a 200-day simple moving average of $123.06. SPDR S&P Dividend ETF has a 52-week low of $109.87 and a 52-week high of $131.67. The firm has a market capitalization of $20.15 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.