SPDR S&P Dividend ETF $SDY Shares Acquired by Allworth Financial LP

Allworth Financial LP lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 89.7% during the fourth quarter, HoldingsChannel reports. The firm owned 52,768 shares of the company’s stock after purchasing an additional 24,952 shares during the quarter. Allworth Financial LP’s holdings in SPDR S&P Dividend ETF were worth $7,343,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SDY. UBS Group AG lifted its position 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 worth $242,663,000 after purchasing an additional 165,053 shares in the last quarter. Orion Porfolio Solutions LLC lifted its position in shares of SPDR S&P Dividend ETF by 70.0% during the second quarter. Orion Porfolio Solutions LLC now owns 349,460 shares of the company’s stock worth $47,432,000 after purchasing an additional 143,853 shares in the last quarter. Coldstream Capital Management Inc. lifted its position in shares of SPDR S&P Dividend ETF by 126.6% during the third quarter. Coldstream Capital Management Inc. now owns 223,525 shares of the company’s stock worth $31,305,000 after purchasing an additional 124,864 shares in the last quarter. Joel Isaacson & Co. LLC lifted its position in shares of SPDR S&P Dividend ETF by 4.6% during the fourth quarter. Joel Isaacson & Co. LLC now owns 2,788,428 shares of the company’s stock worth $388,038,000 after purchasing an additional 121,368 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of 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 worth $425,298,000 after purchasing an additional 119,562 shares in the last quarter. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Trading Down 0.9%

NYSEARCA SDY opened at $146.11 on Friday. The company’s fifty day simple moving average is $147.60 and its 200-day simple moving average is $145.33. SPDR S&P Dividend ETF has a 52 week low of $131.96 and a 52 week high of $156.39. The stock has a market cap of $21.38 billion, a P/E ratio of 19.85 and a beta of 0.71.

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.