SPDR S&P Dividend ETF $SDY Shares Purchased by J.Safra Asset Management Corp

J.Safra Asset Management Corp boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 353,863 shares of the company’s stock after buying an additional 11,503 shares during the period. SPDR S&P Dividend ETF makes up 2.6% of J.Safra Asset Management Corp’s holdings, making the stock its 13th largest position. J.Safra Asset Management Corp owned approximately 0.25% of SPDR S&P Dividend ETF worth $49,244,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Keel Point LLC grew its stake in shares of SPDR S&P Dividend ETF by 2.2% during the third quarter. Keel Point LLC now owns 3,499 shares of the company’s stock worth $490,000 after acquiring an additional 76 shares during the last quarter. Trust Co. of Vermont raised its position in shares of SPDR S&P Dividend ETF by 0.7% in the 4th quarter. Trust Co. of Vermont now owns 10,830 shares of the company’s stock valued at $1,507,000 after purchasing an additional 80 shares during the last quarter. Operose Advisors LLC raised its position in shares of SPDR S&P Dividend ETF by 8.1% in the 4th quarter. Operose Advisors LLC now owns 1,075 shares of the company’s stock valued at $150,000 after purchasing an additional 81 shares during the last quarter. Charles Schwab Trust Co boosted its stake in SPDR S&P Dividend ETF by 0.3% in the 4th quarter. Charles Schwab Trust Co now owns 29,980 shares of the company’s stock worth $4,172,000 after purchasing an additional 82 shares in the last quarter. Finally, SevenBridge Financial Group LLC boosted its stake in SPDR S&P Dividend ETF by 1.9% in the 3rd quarter. SevenBridge Financial Group LLC now owns 5,053 shares of the company’s stock worth $702,000 after purchasing an additional 94 shares in the last quarter. 43.42% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Trading Down 0.4%

Shares of SPDR S&P Dividend ETF stock opened at $150.18 on Thursday. The firm’s 50 day simple moving average is $148.23 and its two-hundred day simple moving average is $146.88. The firm has a market capitalization of $21.98 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 12-month low of $132.89 and a 12-month high of $156.39.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.