SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Bought by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. raised its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.5% during the fourth quarter, Holdings Channel reports. The firm owned 102,613 shares of the company’s stock after purchasing an additional 1,525 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $13,555,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth about $397,657,000. Assetmark Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 267,004.3% in the fourth quarter. Assetmark Inc. now owns 678,445 shares of the company’s stock valued at $89,623,000 after buying an additional 678,191 shares during the period. JPMorgan Chase & Co. lifted 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. TigerOak Management L.L.C. acquired a new position in shares of SPDR S&P Dividend ETF in the fourth quarter worth about $16,186,000. Finally, Private Advisor Group LLC raised its stake in SPDR S&P Dividend ETF by 84.5% during the 4th quarter. Private Advisor Group LLC now owns 255,882 shares of the company’s stock valued at $33,802,000 after purchasing an additional 117,210 shares during the period.

SPDR S&P Dividend ETF Stock Performance

SDY stock opened at $136.45 on Friday. SPDR S&P Dividend ETF has a 52 week low of $124.37 and a 52 week high of $144.45. The firm has a 50 day simple moving average of $133.98 and a 200 day simple moving average of $137.77. The stock has a market cap of $20.41 billion, a P/E ratio of 21.48 and a beta of 0.88.

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.