Mesirow Financial Investment Management Inc. Raises Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Mesirow Financial Investment Management Inc. lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 101,088 shares of the company’s stock after buying an additional 1,869 shares during the period. Mesirow Financial Investment Management Inc. owned approximately 0.06% of SPDR S&P Dividend ETF worth $14,358,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Joel Isaacson & Co. LLC increased its stake in SPDR S&P Dividend ETF by 1.2% during the third quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock worth $349,702,000 after acquiring an additional 30,381 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of SPDR S&P Dividend ETF by 13,497.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after purchasing an additional 1,165,660 shares during the last quarter. Cetera Investment Advisers raised its holdings in SPDR S&P Dividend ETF by 283.2% in the 1st quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after buying an additional 509,007 shares during the period. MAI Capital Management lifted its position in SPDR S&P Dividend ETF by 1.4% in the first quarter. MAI Capital Management now owns 527,434 shares of the company’s stock valued at $69,220,000 after buying an additional 7,095 shares during the last quarter. Finally, Creative Planning lifted its position in SPDR S&P Dividend ETF by 1.1% in the second quarter. Creative Planning now owns 461,739 shares of the company’s stock valued at $58,724,000 after buying an additional 4,963 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $141.55 on Friday. The firm has a 50-day simple moving average of $140.52 and a two-hundred day simple moving average of $134.28. SPDR S&P Dividend ETF has a 1-year low of $113.20 and a 1-year high of $144.06. The stock has a market cap of $22.39 billion, a PE ratio of 19.72 and a beta of 0.68.

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.