Robertson Stephens Wealth Management LLC Acquires 194 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Robertson Stephens Wealth Management LLC raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.4% in the 4th quarter, HoldingsChannel reports. The firm owned 3,794 shares of the company’s stock after purchasing an additional 194 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $501,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. International Assets Investment Management LLC increased its stake in shares of SPDR S&P Dividend ETF by 13,497.7% in 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 buying an additional 1,165,660 shares during the period. JPMorgan Chase & Co. increased its stake in shares of SPDR S&P Dividend ETF by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after buying an additional 122,858 shares during the period. Argent Capital Management LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $14,644,000. Synovus Financial Corp increased its stake in shares of SPDR S&P Dividend ETF by 88.6% in the 3rd quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock valued at $12,723,000 after buying an additional 42,078 shares during the period. Finally, Nwam LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at $5,274,000.

SPDR S&P Dividend ETF Stock Down 0.5 %

Shares of SPDR S&P Dividend ETF stock opened at $132.90 on Friday. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45. The business has a fifty day simple moving average of $134.74 and a 200 day simple moving average of $137.44. The stock has a market cap of $21.02 billion, a PE ratio of 19.72 and a beta of 0.68.

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.