Titleist Asset Management LLC Has $352,000 Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Titleist Asset Management LLC raised its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,663 shares of the company’s stock after acquiring an additional 234 shares during the quarter. Titleist Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $352,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SDY. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth about $397,657,000. LPL Financial LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 2.1% in the 4th quarter. LPL Financial LLC now owns 2,861,694 shares of the company’s stock worth $378,030,000 after acquiring an additional 59,001 shares in the last quarter. Joel Isaacson & Co. LLC grew its position in SPDR S&P Dividend ETF by 2.2% during the 4th quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock worth $332,449,000 after acquiring an additional 54,648 shares during the last quarter. Wells Fargo & Company MN increased its holdings in SPDR S&P Dividend ETF by 19.0% during the 4th quarter. Wells Fargo & Company MN now owns 2,103,521 shares of the company’s stock valued at $277,875,000 after purchasing an additional 335,483 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in SPDR S&P Dividend ETF by 63.0% in the 4th quarter. JPMorgan Chase & Co. now owns 1,688,669 shares of the company’s stock valued at $223,073,000 after purchasing an additional 652,619 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $125.88 on Monday. The business has a fifty day moving average of $135.08 and a 200-day moving average of $137.14. The firm has a market cap of $18.69 billion, a PE ratio of 20.96 and a beta of 0.80. SPDR S&P Dividend ETF has a twelve month low of $123.78 and a twelve month high of $144.45.

SPDR S&P Dividend ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were paid a $0.8184 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.