Brown Advisory Inc. increased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 15.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,329 shares of the company’s stock after purchasing an additional 2,588 shares during the quarter. Brown Advisory Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,792,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. raised its holdings in SPDR S&P Dividend ETF by 2.3% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 26,695 shares of the company’s stock worth $2,474,000 after purchasing an additional 607 shares during the period. Ferguson Wellman Capital Management Inc. raised its holdings in SPDR S&P Dividend ETF by 9.2% in the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 12,859 shares of the company’s stock worth $1,192,000 after purchasing an additional 1,080 shares during the period. BlackRock Inc. raised its holdings in SPDR S&P Dividend ETF by 5,148.2% in the 2nd quarter. BlackRock Inc. now owns 26,556 shares of the company’s stock worth $2,462,000 after purchasing an additional 26,050 shares during the period. Drexel Morgan & Co. raised its holdings in SPDR S&P Dividend ETF by 2.6% in the 2nd quarter. Drexel Morgan & Co. now owns 20,368 shares of the company’s stock worth $1,888,000 after purchasing an additional 520 shares during the period. Finally, Premia Global Advisors LLC raised its holdings in SPDR S&P Dividend ETF by 41.0% in the 2nd quarter. Premia Global Advisors LLC now owns 3,731 shares of the company’s stock worth $346,000 after purchasing an additional 1,085 shares during the period.

NYSEARCA SDY opened at $98.48 on Friday. SPDR S&P Dividend ETF has a twelve month low of $87.95 and a twelve month high of $99.05.

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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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