SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Bought by DAVENPORT & Co LLC

DAVENPORT & Co LLC grew its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,343 shares of the company’s stock after purchasing an additional 502 shares during the quarter. DAVENPORT & Co LLC’s holdings in SPDR S&P Dividend ETF were worth $4,273,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. International Assets Investment Management LLC boosted 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 valued at $166,797,000 after acquiring an additional 1,165,660 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of SPDR S&P Dividend ETF by 13.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after acquiring an additional 122,858 shares during the last quarter. Argent Capital Management LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $14,644,000. Synovus Financial Corp boosted its position in shares of SPDR S&P Dividend ETF by 88.6% during the 3rd quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock valued at $12,723,000 after acquiring an additional 42,078 shares during the last quarter. Finally, Nwam LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at about $5,274,000.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $134.05 on Tuesday. The firm’s 50-day moving average is $135.52 and its two-hundred day moving average is $137.47. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45. The stock has a market capitalization of $21.21 billion, a P/E 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.