Ferguson Johnson Wealth Management Inc Acquires Shares of 4,887 SPDR S&P Dividend ETF $SDY

Ferguson Johnson Wealth Management Inc acquired a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,887 shares of the company’s stock, valued at approximately $680,000. SPDR S&P Dividend ETF accounts for approximately 0.6% of Ferguson Johnson Wealth Management Inc’s investment portfolio, making the stock its 19th biggest holding.

Several other hedge funds also recently added to or reduced their stakes in SDY. Brighton Jones LLC raised its position in SPDR S&P Dividend ETF by 404.5% in the fourth quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock valued at $2,443,000 after purchasing an additional 14,829 shares during the period. AQR Capital Management LLC grew its stake in shares of SPDR S&P Dividend ETF by 49.5% during the first quarter. AQR Capital Management LLC now owns 7,936 shares of the company’s stock valued at $1,077,000 after acquiring an additional 2,627 shares in the last quarter. First Trust Advisors LP grew its stake 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 valued at $4,362,000 after acquiring an additional 7,493 shares in the last quarter. NewEdge Advisors LLC grew its stake 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 valued at $8,853,000 after acquiring an additional 2,192 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake 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 valued at $425,298,000 after acquiring an additional 119,562 shares in the last quarter. 43.42% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $149.96 on Friday. The business has a 50-day moving average of $147.35 and a 200-day moving average of $145.69. The company has a market capitalization of $21.95 billion, a PE ratio of 19.85 and a beta of 0.71. SPDR S&P Dividend ETF has a 1-year low of $131.96 and a 1-year high of $156.39.

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.