J.Safra Asset Management Corp Has $57.53 Million Position in SPDR S&P Dividend ETF $SDY

J.Safra Asset Management Corp boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 378,030 shares of the company’s stock after acquiring an additional 9,529 shares during the period. SPDR S&P Dividend ETF accounts for 2.6% of J.Safra Asset Management Corp’s portfolio, making the stock its 12th largest position. J.Safra Asset Management Corp owned 0.25% of SPDR S&P Dividend ETF worth $57,529,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in SDY. Bank of America Corp DE boosted its holdings in SPDR S&P Dividend ETF by 0.5% during the first quarter. Bank of America Corp DE now owns 7,319,410 shares of the company’s stock worth $1,068,195,000 after buying an additional 36,785 shares during the last quarter. Morgan Stanley increased its stake in shares of SPDR S&P Dividend ETF by 2.0% in the 4th quarter. Morgan Stanley now owns 4,840,696 shares of the company’s stock valued at $673,631,000 after acquiring an additional 95,878 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of SPDR S&P Dividend ETF by 4.0% in the 2nd 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 during the period. Joel Isaacson & Co. LLC raised its position in shares of SPDR S&P Dividend ETF by 4.6% in the 4th quarter. Joel Isaacson & Co. LLC now owns 2,788,428 shares of the company’s stock valued at $388,038,000 after acquiring an additional 121,368 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in SPDR S&P Dividend ETF by 1.9% during the 4th quarter. Wells Fargo & Company MN now owns 2,076,605 shares of the company’s stock worth $288,980,000 after acquiring an additional 39,572 shares during the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $158.53 on Monday. The firm has a market capitalization of $24.00 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. The company’s 50 day simple moving average is $154.16 and its 200 day simple moving average is $151.11. SPDR S&P Dividend ETF has a fifty-two week low of $135.30 and a fifty-two week high of $160.29.

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.