4,142 SPDR S&P Dividend ETF $SDY Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC increased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,511 shares of the company’s stock after acquiring an additional 4,142 shares during the period. Park Avenue Securities LLC’s holdings in SPDR S&P Dividend ETF were worth $6,959,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in SDY. Bank of America Corp DE boosted its stake in SPDR S&P Dividend ETF by 0.5% during the 1st quarter. Bank of America Corp DE now owns 7,319,410 shares of the company’s stock valued at $1,068,195,000 after purchasing an additional 36,785 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in SPDR S&P Dividend ETF by 0.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,111,642 shares of the company’s stock worth $169,170,000 after purchasing an additional 8,231 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in SPDR S&P Dividend ETF by 0.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 577,947 shares of the company’s stock worth $87,952,000 after purchasing an additional 5,348 shares in the last quarter. HighTower Advisors LLC increased its holdings in SPDR S&P Dividend ETF by 0.4% during the 2nd quarter. HighTower Advisors LLC now owns 481,025 shares of the company’s stock worth $73,202,000 after purchasing an additional 1,899 shares in the last quarter. Finally, J.Safra Asset Management Corp raised its stake in shares of SPDR S&P Dividend ETF by 2.6% in the second quarter. J.Safra Asset Management Corp now owns 378,030 shares of the company’s stock worth $57,529,000 after purchasing an additional 9,529 shares during the last quarter. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Down 0.2%

Shares of SPDR S&P Dividend ETF stock opened at $157.74 on Thursday. SPDR S&P Dividend ETF has a 52 week low of $135.30 and a 52 week high of $160.29. The business has a 50 day moving average price of $153.36 and a 200-day moving average price of $151.43. The company has a market cap of $21.86 billion, a PE ratio of 19.85 and a beta of 0.69.

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.